🚀 $ETH / USDT — Holding Strong Above Key Support! 💎
Ethereum is showing resilience despite market-wide pullbacks! After testing the $3,460 low, $ETH is now consolidating above a crucial 3.48K support zone, hinting at a potential rebound. Bulls are defending this level with notable volume activity on the 4H chart — a classic base-building pattern before the next move. ⚡
📊 Technical Breakdown:
Price stabilizing above 200 EMA (4H), showing strong structural support.
RSI recovering from oversold territory → early signs of bullish momentum.
Volume spikes near the lows signal possible accumulation by smart money.
MACD histogram flattening — a bullish crossover could trigger a fresh rally soon.
💰 Trade Setup:
🟩 Buy Zone: $3,480 – $3,520
🎯 Targets:
• TP1: $3,640
• TP2: $3,760
• TP3: $3,900
🛑 Stop-Loss: $3,420
💡 Research Insight:
Ethereum remains the backbone of DeFi and L2 ecosystems, with network activity and gas fees stabilizing — often a sign that accumulation is underway before major upgrades or institutional rotations. If BTC holds, ETH could lead the next altseason push above $4,000.
📈 Watch for a breakout above $3,600 — confirmation could ignite a fresh leg toward $3,900+!
