$ETH

Ethereum's 1‑Month Technical Snapshot: Cooling Heat or Prelude to Breakout?

As of late May 2025, ETH trades near $2,550–$2,620, a remarkable rally from early‑May lows around $1,800—marking a ~40% surge over the month .

Bullish Signs:

ETH decisively broke above resistance at $2,550–$2,600, with strong volume backing .

The 50‑day EMA is trending bullish and ETH remains comfortably above the 200‑day EMA, confirming a positive medium‑term trend .

RSI hovers in the mid‑60s—solid momentum without extreme overbought risk .

Potential Risks:

A sharp intraday dip from ~$2,724 to ~$2,570 highlighted some resistance, though ETH recovered to ~$2,621 .

MACD readings show early signs of deceleration, and RSI is nearing overbought territory—suggesting a temporary consolidation may lie ahead .

Key Levels to Watch:

Resistance: $2,700–$2,750 – a breakout here could set sights on $3,000 .

Support: ~$2,500 holds as a critical pivot; below that, next cushion is around $2,400–$2,450 .

Bottom Line: Ethereum’s technicals remain solid with bullish momentum building. Still, cautious traders should monitor for possible short‑term pullbacks before the next leg higher.