Ethereum is showing strong bullish momentum, currently trading around $4,031 with a +3.32% daily gain. The recent price action suggests that ETH has broken above short-term moving averages, signaling renewed buying interest.
Immediate Resistance: $4,071 – A breakout above this could open the door for a run toward the $4,155 zone.
Major Support: $3,880 – Holding above this level will keep bulls in control, while a breakdown could lead to a retest of $3,758.
Volume indicators show healthy participation, and moving averages are aligning to support upward momentum. As long as ETH stays above key supports, the trend remains favorable for buyers — but traders should watch for rejection signals near resistance.
In short:
Above $4,071 = 🚀 potential bullish continuation
Below $3,880 = ⚠️ possible correction phase $ETH
#ETHBreaks4000
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