#Ethereum Nears $5K: Bulls Hold Strong Above Key Levels
#Ethereum has strengthened after rebounding from $4,500, climbing steadily above $4,550, $4,650, and $4,700. The price recently tested $4,780 resistance and is now consolidating gains while holding above the 100-hour SMA.
A bullish trend line on the hourly chart shows solid support at $4,480, with additional key support at $4,650 and $4,700. As long as ETH stays above $4,400, the overall trend remains positive.
On the upside, $4,780 is immediate resistance, followed by $4,840 and $4,880. A confirmed break above $4,880 could open the door for a rally toward $4,950 and potentially the $5,000–$5,150 range.
Technical signals support this outlook: the MACD is rising in the positive zone, and the RSI is above 50, indicating sustained buying pressure. Unless $4,650 is broken decisively, pullbacks are expected to remain limited, keeping Ethereum within reach of the $5K milestone.
#ETH5kNext #ETHRally $ETH $BTC