$ETH ๐จ Market Update โ Eyeing Key Resistance!
๐ฐ Current Price: $ETH is trading near $3,650 with positive momentum across major timeframes.
๐ Trend:
Ethereum has shown strong recovery, climbing steadily after holding above the $3,400 support. Buyers are regaining control, pushing ETH toward a major resistance near $3,750.
๐ Technical Highlights:
ETH is holding above its 50 EMA, signaling bullish continuation.
MACD crossover shows strength in upward momentum.
RSI near 65 suggests room for more upside before entering overbought territory.
๐ฏ Next Targets:
Short-term Target: $3,750
Breakout Target: $3,950
Support Zone: $3,480 โ $3,400
๐ Caution: Watch for fakeouts near resistance. A pullback to $3,500โ$3,550 could offer a better entry.
๐ Conclusion: ETH is looking strong, but smart entries and tight risk management are key. A breakout above $3,750 could spark the next leg toward $4K.