🚨 ETHEREUM (ETH) TRADERS WATCH OUT: What’s Next for the Bulls? | May 15, 2025 🚨
Ethereum has surged 📈 3.6% in the past 48 hours and is now eyeing the key resistance at $2,980. Currently hovering around $2,935, the market is heating up with growing FOMO 🔥.
🔍 Technical Breakdown:
📌 Resistance Zone: $2,980 – $3,020
🛡️ Support Zone: $2,850 – $2,810
📊 EMA (20/50): Bullish crossover ✅
📈 RSI: 64 – Nearing overbought zone
💹 Volume Trend: Strong buying momentum
📌 Strategy:
🕒 Short-Term: Look for a breakout above $2,980 with strong volume – target $3,050–$3,100 🚀
📆 Swing Traders: Hold above $2,850. Add more on dips 🛒
⛔ Stop Loss: $2,795 – below key support
📣 Sentiment: Bullish but cautious – RSI is close to overbought. Fakeouts possible. Stay sharp ⚔️
TL;DR:
ETH is gaining momentum ⚡ — resistance test incoming. Breakout or rejection? Next move could be explosive 💥