$ETH /USDT Analysis – Bullish Momentum Breaking Resistance
Ethereum has surged to $3,730.93, marking a +2.87% gain on the day with strong buying pressure and increasing volume.
🔍 Key Observations:
24h Low: $3,574.05 → Strong bounce from support
24h High: $3,730.93 → Currently at intraday peak
Volume (USDT): 1.34B → High liquidity backing the move
Structure: Clean higher highs and higher lows forming
Breakout Level: $3,700 resistance has been flipped to support
📈 Outlook:
ETH is showing a solid uptrend on the 1h chart.
If it breaks above $3,740 with momentum, next resistance is around $3,800 – $3,850.
A pullback to $3,700 could offer a safe re-entry before continuation.
🛑 Support Zone: $3,660 – $3,700
🚀 Target Zone: $3,800 – $3,850 (short term)
Stay alert for volatility, but trend favors bulls for now.