The ETH/USDC pair on Binance is currently trading at $3,861.51, showing a +1.73% gain in the last 24 hours. The 15-minute chart reveals strong bullish momentum, especially after bouncing back from the low of $3,676.29, which served as a key support level.
Price action has been consolidating just below the 24-hour high of $3,878.90, forming a potential flag pattern – a common sign of bullish continuation. If the price breaks above the recent high, we may see ETH targeting the next resistance zone around $3,900 or even higher in the short term.
The Moving Averages (MA5 at 1002 and MA10 at 932) are showing mixed signals, but momentum is still positive. The MACD indicator shows a slight bearish crossover, but if buying volume picks up again, it could quickly flip bullish.
Overall, ETH is holding strong above support, and bulls are clearly active. I'm watching closely for a breakout above $3,878.90 to enter a potential long tra