🚨 $ETH /USDT MARKET UPDATE 🚨
💎 $ETH Ethereum (ETH) showing strong bullish momentum, breaking above key moving averages and testing critical resistance.
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📈 Technical Snapshot
Current Price: $4,724.29
24h Change: +11.35%
24h Range: $4,207 – $4,887
24h Volume: $6.51B
MA(7): $4,669 | MA(25): $4,361 | MA(99): $4,335
✅
ETH is trading above all major MAs, confirming a solid uptrend.
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🎯 Key Levels to Watch
Support Zones
🔹 $4,361 → MA25
🔹 $4,207 → 24h Low
🔹 $4,335–$4,361 → Strong support confluence
Resistance Zones
🔹 $4,887 → 24h High
🔹 $4,987+ → Breakout Target (towards $5K 🚀)
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🔥 Trading Strategy
Bullish (LONG Entry)
🎯 Entry: $4,600–$4,720
🛑 Stop Loss: Below $4,360
✅ Take Profit 1: $4,887
✅ Take Profit 2: $4,987+
Bearish Reversal
❌ Exit longs if ETH closes below $4,360
⚡ Possible short setup only if $4,200 breaks with volume
📊 Indicators
RSI → Likely overbought, watch for divergence
MACD → Bullish momentum intact
Volume → $6.51B (confirming trend)
Bollinger Bands → Near upper band, possible pause before next leg
✅ Summary
Ethereum is in a powerful uptrend 💪.
Traders: Look for entries near $4,600–$4,720 with targets at $4,887–$4,987+.
Long-term holders: ETH remains a key player for 2025 as ecosystem adoption grows.
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