After a period of volatility and caution, Ethereum (ETH) has returned to ignite the markets again, recording an increase of over +7% in just 24 hours, now firmly standing at the level of 2,412 dollars... and the question that concerns everyone: is this just a rebound? Or the beginning of a larger price explosion?

Let's dive into the technical analysis and uncover what lies behind this notable move 👇

🔍 A quick look at the current landscape:

  • Current price: 2,412.44$

    Highest price in 24 hours: 2,450$

    Lowest price: 2,187$

    Ethereum trading volume: 11.11 million ETH

    Tether trading volume: 25.91 billion USDT

By comparing these figures, it can be observed that there is a clear influx of liquidity into the market, reflecting strong interest from buyers.

🧭 Technical analysis – Is it time for the explosion?

✅ 1. Moving averages indicate a strong rise:

  • The price has broken throughMA 7 andMA 25 strongly, and is now stabilizing above all major averages.

    This indicates strong positive momentum and readiness to test higher resistance levels.

📉 2. Critical resistance level:

  • Immediate resistance is currently at 2,450$, which is the highest peak the price has recorded recently.

    Breaking this level with a strong candle close on the hourly chart will open the door towards2,500$ - 2,570$.

🛡️ 3. Nearby support:

  • The key support at2,343$ (MA 99), is considered a safe rebound area if any slight correction occurs.

    Breaking this level could bring the price back to2,310$and then to lower levels.

📊 4. The MACD indicator whispers of an upcoming move:

  • Despite recording-1.12 in MACD, the difference with the signal line is small, which may be paving the way for a quick positive reversal.

    The indicator is about to cross upward if the momentum continues

📣 What does this data mean for investors?

  • If you are a quick trader, the areaabove 2,450$represents an excellent buying opportunity with a stop loss below 2,343$.

    As for medium-term investors, it is time for cautious monitoring to take profits or reinforce positions in case of an upward breakout.

  • 🔮 Summary:

Current movements are not random... Every signal on the chart suggests that Ethereum is planning something big. Perhaps we are just one decisive candle away from a strong rise.

So are you ready to ride the wave before it explodes? ⏳

📌 Note: This analysis is not investment advice, but a view based on current technical data. Always do your own research or consult a financial advisor before making a decision.

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