🚀 Ethereum Consolidation: Calm Before the Breakout?

Ethereum (ETH) is showing signs of resilience as it consolidates above the $2,415 support zone, suggesting that buyers are still in control. This level has acted as a reliable base in recent sessions, holding back further downside.

📈 What’s Next?

All eyes are on the 21-day EMA, currently acting as dynamic resistance. A clean breakout above this moving average could trigger a bullish surge toward the $2,740 – $2,900 zone — where previous resistance clusters reside.

🔑 Key Levels to Watch:

Support: $2,415 (holding strong), $2,360 (must hold to maintain bullish structure)

Resistance: $2,500 (short-term trigger), $2,740–$2,900 (next target zone)

🧠 Strategy Tip: Traders could look for a 4H close above $2,500 with volume as a bullish confirmation signal.

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