Current price: $3,912.80 (+6.28% compared to the previous session)
Ethereum is maintaining an impressive recovery momentum, trading above all key EMA lines and approaching key resistance – a sign that a breakout move may be imminent.
📊 Technical Overview
EMA(25): $3,452.90
EMA(99): $2,866.92
EMA(7): $3,576.96 (under testing)
24h high: $3,576.07
The price closely following EMA(7) and approaching the resistance area of $3,605 indicates that buying pressure is forming.
🛡 Important Levels
Key support:
$3,546
$3,484
Key resistance:
$3,605 (potential breakout)
$3,694
📌 Noteworthy point: A daily close above $3,605 with RSI > 50 and volume > 500K ETH will confirm the breakout.
📈 Momentum Indicator
RSI: 53.13 – Neutral, still room for increase.
MACD (4H): Flat – momentum preparing to form.
Bollinger Bands (4H):Narrowing – signaling a strong volatility ahead.
📌 Trading Strategy
✅ Bullish scenario
Entry point: Confirm breakout above $3,605 with strong volume.
Stop loss: $3,580
Take profit:
TP1: $3,694
TP2: $3,941
⚠️ Bearish scenario
Entry point: Close below $3,484 with increased volume.
Stop loss: $3,510
Take profit:
TP1: $3,329
TP2: $3,000
🌐 Market Sentiment & Outlook
Current sentiment is cautiously optimistic. If$ETH it breaks above and holds above $4,000, the target of $6,000 will quickly be in sight – and $8,000 is a feasible scenario in the medium term.
Factors supporting the uptrend:
The attraction from institutional capital.
The Layer 2 ecosystem grows strongly after the Dencun upgrade.
Ethereum's blockchain infrastructure is becoming increasingly solid.
However, caution is needed for bearish divergence or loss of key support areas.
🛡 Risk Management
Position size: Maximum 4% of capital.
Leverage: Maximum 5x for confirmed breakouts; avoid leverage in a sideways market.
Watch:
Ethereum gas fees
Staking flow
Price correlation with Bitcoin
Ethereum ETF news
🎯 Conclusion: Ethereum is at a decisive moment. A breakout above $3,605 and especially $4,000 could open up a major upward wave towards $6,000 - $8,000. However, if it loses $3,484, the short-term bearish scenario will be activated.
