🚀 $ETH ETH Price Coiling at Support — Will the Breakout Ignite a Rally?

Ethereum is quietly building momentum, and the chart's whispering one thing: $1,650 is the gate to the next leg up.

After bouncing cleanly off the $1,550 level, ETH broke above key trend resistance at $1,590 and is now hovering above $1,600, riding its 100-hour SMA. The bulls defended the $1,566 swing low, and now price action is pressing up against a critical zone between $1,640 and $1,650.

Break that? We could be looking at a fast move to $1,720, followed by $1,800+ if momentum holds.

Fail? A retest of $1,580 or even $1,550 isn’t off the table.

🧠 The MACD is bullish, RSI is holding above 50, and volume is rising—classic pre-breakout energy.

This is one of those "watch closely or miss it" moments in the market.

ETH’s price is hugging resistance, and smart money often enters just before the surge, not after. Whether it’s a breakout or a fakeout, this zone is where narratives shift. Don’t blink.

#BinanceAlphaAlert #BNBChainMeme #ETHETFsApproved #btc #Ethereum