$ETH
[BINANCE | ETH/USDT Technical Analysis]
ETH is showing strong bullish momentum, currently trading at $2,516.41 (+5.51%) after bouncing from the $2,375 support zone. With increased trading volume (1.05M ETH / $2.63B USDT in 24h), Ethereum is signaling potential continuation toward key resistance levels.
Key Technical Highlights:
Support: $2,375
Current Price: $2,516
24H High: $2,608
RSI (1D): Trending upward, not yet overbought
MACD: Bullish crossover confirmed on the 4H chart
Volume: Surging, indicating strong buyer interest
🎯 Target Levels:
1. Target 1 – $2,580: Minor resistance zone near recent highs; short-term scalping level.
2. Target 2 – $2,670: Previous swing high and current depth resistance; breakout level to watch.
3. Target 3 – $2,800: Medium-term bullish target if price breaks above $2,670 with volume confirmation.
Strategy Insight:
Watch for a pullback to the $2,480–$2,500 zone for possible re-entry. Breakout traders can wait for a candle close above $2,610 with high volume.