🚨 $ETH Daily Chart Breakdown 🚨

Bullish momentum returns after Trump signs an executive order allowing crypto (incl. ETH) in retirement plans (401k).

Macro + Technicals = 🔥 setup.

📈 Key Levels:

Resistance: $4,100

Support: $3,550 (now flipped from resistance)

📉 Chart Breakdown:

ETH broke out of a bullish falling wedge → trend continuation confirmed.

$3,550 held strong as base → flipped to support.

Volume is rising, candles showing growing strength.

📊 Indicators:

✅ MACD: Bullish crossover forming = first sign of renewed momentum

✅ RSI: 64.01 and climbing → bullish, with room before overbought

🧠 Catalyst: Trump’s Crypto 401(k) Executive Order

ETH is now eligible in retirement plans

Institutional demand could accelerate

ETH’s role as “digital oil” strengthens its case as an alternative retirement asset

Long-term flows may target ETH ETFs and direct holdings

🚀 Outlook:

❇️ Next target: $4,100

❇️ Breakout above $4,100 → runway to $4,600–$5,000

❇️ Pullbacks to $3,550 = golden buy zone

⚠️ Reminder: August & September tend to be historically bearish — so stay cautiously bullish.

#Ethereum #ETH