Key Observations
Price Action: $ETH
Current Price: $2,641.56 (+9.06% surge).
24h Range:
2,420(low)to2,420(low)to2,738.50 (high).
Trend: Strong bullish momentum (price above all key moving averages: MA7 =
2,557.99,MA25=2,557.99,MA25=2,142.57).
Volume:
24h Volume: 1.18M ETH / $3.07B USDT (high liquidity confirms bullish interest).
Moving Averages (MA):
Golden Cross in play (MA7 > MA25 > MA99), signaling a strong uptrend.
Critical Levels:
Resistance: $2,738.50 (24h high).
Support: MA7 (2,557.99)
and
2,557.99)and2,420 (24h low) #NewsTrade