$ETH USDT SHOWS STRONG BULLISH MOMENTUM ABOVE $4,500 — EYES ON $4,600 BREAKOUT

Ethereum ($ETH USDT) is currently trading at $4,502.58, marking a +0.61% gain in the past 24 hours. The price action remains strong after bouncing from the 24h low of $4,428, showing solid buyer support near that level.

The 24h high at $4,591.59 is now a key resistance zone to watch. A decisive breakout above this level could open the path toward the $4,600–$4,650 range, signaling renewed bullish strength in the market.

Trading volume remains healthy, with 444K ETH traded (≈2.00B USDT), suggesting active participation and liquidity in this zone. On shorter timeframes (15m–1h), momentum indicators suggest consolidation before a potential upside continuation.

Technical Outlook:

Immediate Support: $4,450 – $4,428

Immediate Resistance: $4,590 – $4,600

Trend Bias: Bullish above $4,480

Next Target: $4,650 – $4,700 if resistance breaks

Summary:

$ETH/USDT is holding firmly above its short-term moving averages, with bulls maintaining control of the trend. As long as Ethereum stays above $4,450, the next upside target remains $4,600+, with potential for further gains if momentum accelerates. A breakdown below $4,428, however, could invite short-term correction toward $4,380.

#BTC125Next? #BNBBreaksATH #MarketUptober #USGovShutdown #SECTokenizedStocksPlan $ETH