🚀 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.
---
📌 #Ethereum #CryptoUpdate #AltcoinSeason #TechnicalAnalysiss #EthereumNews $BTC $ETH #ETHUSDT