#ETHCrossed2500 $ETH Ethereum (ETH) has sustained its upward momentum despite an extended rally in recent weeks. Price action is now approaching a critical resistance area at $2,800, while strong support from the 200-day moving average continues to hold. The market now sits at a pivotal point where it must decide between continuation toward new highs or a healthy pullback that could present a fresh buying opportunity.
-Major Resistance: $2,800 confluence zone (0.618 Fib, weekly SR, value area high)
-Key Support: $2,000 psychological level aligned with historical demand
-Trend Signal: Holding above 200-day MA with strong daily candle confirmations