$ETH ETH has recently surged to the 2,625 USDC level, breaking out of the prior consolidation range between 2,430–2,490 USDC. On the 1-hour timeframe, the EMA structure is showing bullish momentum as the EMA 7 (yellow) has crossed above both the EMA 25 and EMA 99. This, combined with an expanding MACD, indicates improving upward strength.

The nearest resistance lies around 2,760 USDC – a level where price was previously rejected. If buying pressure continues, ETH could retest this zone in the short term. On the downside, if a pullback occurs, the 2,500–2,520 USDC area may serve as a key support zone for “buy the dip” traders to enter positions.

Short-term strategy: Consider buying near 2,500–2,520 USDC, with a stop-loss below 2,470 USDC. Target profit zones are around 2,700–2,760 USDC.

Although this is a lower timeframe setup, bullish momentum currently dominates – suitable for intraday traders seeking quick entries.#MarketRebound