$ETH Blasts Past Resistance — Is $2,600 Just the Beginning? 🚀⚙️
Signal Snapshot:
Ethereum ($ETH /USDT) is trading at $2,592.05, up +6.02% in the last 4H session, after a strong breakout from the $2,470–$2,520 resistance zone. Buyers are clearly in control, pushing ETH to a 24h high of $2,618.
📊 Key Technical Levels:
• Current Price: $2,592
• Local High: $2,618
• Support Zone: $2,530 → $2,477
• Major Resistance: $2,630 → $2,680
• Trend: Bullish Momentum 🔼
📈 Chart Analysis:
ETH printed a clean bullish engulfing candle, breaking multiple moving averages in one run. The price jumped from a low of $2,367 to above $2,600, confirming a momentum shift after multiple failed breakout attempts in the past.
🟢 MA(7) sharply turning upward
📈 Volume spike = breakout strength
🔁 Small pullback to $2,575 already being bought
📉 Indicators (Estimates):
• RSI: Likely near 65 — healthy but climbing
• MACD: Fresh bullish crossover forming
• Volume: Highest in recent sessions — confirms trend
🎯 Scenarios to Watch:
Bullish Continuation:
• Break above $2,618
➤ Target 1: $2,650
➤ Target 2: $2,710
• Hold above $2,530 = good for continuation
Pullback Entry Opportunity:
• Retest of $2,530–$2,510
➤ Could be a healthy reload zone before the next leg
💬 My View:
ETH just made a strong move through key resistance, and bulls are not done yet. As long as the $2,530–$2,560 zone holds, ETH is looking good for another push toward $2,650+.
🎯 Ideal move = breakout, short pullback, continuation
🛡️ Use stops below $2,510 to manage risk
🧘 Don’t chase highs — smart entries win
Ethereum just reminded the market who's boss — eyes on $2,650 next! ⚡🔥
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