$ETH /USDT Analysis ā 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.
š Key Observations:
24h Low: $3,574.05 ā Strong bounce from support
24h High: $3,730.93 ā Currently at intraday peak
Volume (USDT): 1.34B ā High liquidity backing the move
Structure: Clean higher highs and higher lows forming
Breakout Level: $3,700 resistance has been flipped to support
š 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 ā $3,850.
A pullback to $3,700 could offer a safe re-entry before continuation.
š Support Zone: $3,660 ā $3,700
š Target Zone: $3,800 ā $3,850 (short term)
Stay alert for volatility, but trend favors bulls for now.
$ETH
Ethereum has surged to $3,730.93, marking a +2.87% gain on the day with strong buying pressure and increasing volume.
š Key Observations:
24h Low: $3,574.05 ā Strong bounce from support
24h High: $3,730.93 ā Currently at intraday peak
Volume (USDT): 1.34B ā High liquidity backing the move
Structure: Clean higher highs and higher lows forming
Breakout Level: $3,700 resistance has been flipped to support
š 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 ā $3,850.
A pullback to $3,700 could offer a safe re-entry before continuation.
š Support Zone: $3,660 ā $3,700
š Target Zone: $3,800 ā $3,850 (short term)
Stay alert for volatility, but trend favors bulls for now.
$ETH
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ETH
3,817.94
+5.01%