๐ง ETH/USDT Weekly Analysis ๐
Ethereum is cooling off after a 41% rally in May, entering a sideways consolidation phase.
๐ Support: $2,300
๐ Resistance: $2,850
But hereโs why ETH could break out soon โฌ๏ธ
๐ Key Bullish Signals:
โ Weekly RSI breakout
โ MACD bullish crossover
โ Price holding above 200-week MA
โ Stochastic RSI flipping upward
โ ETH ETF inflows remain strong
โ M2 money supply is rising (bullish macro backdrop)
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With U.S. stocks near ATHs and Bitcoin pushing new highs,
ETH at $4,000 in the next 4โ6 weeks isnโt a stretch. ๐
๐ง Stay sharp. The next move could be explosive.
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