ETH/USDT: Momentum Ignited — Is $4.4K Next?
Ethereum just surged to 4,266.61, marking a strong +6.35% daily move. The breakout above 4,011.37 flipped resistance into support, and bulls are now eyeing the next key level at 4,418.80.
📊 Technical Snapshot:
- EMA(34): 3,537.50 — price well above all major EMAs, confirming bullish structure.
- MACD: Positive (DIF 224.33 > DEA 194.64) — momentum accelerating.
- RSI(6): 80.98 — overbought, but strong trends often stay extended.
- Volume: 2.90B — confirms conviction behind the move.
📈 Key Levels:
- Resistance: 4,326.20 → 4,418.80
- Support: 4,011.37 → 3,603.94
ETH is riding high above all EMAs — including the long-term EMA(200) at 2,788.74 — showing strong trend alignment. However, RSI near 81 suggests caution: short-term consolidation or pullback could be healthy before continuation.
🔍 What to watch:
- Daily close above 4,326.20 = path to 4,418.80 opens.
- Failure to hold 4,011.37 = possible retest of 3,603.94.
- RSI cooling off = potential dip-buying opportunity.
💬 Your take:
Will ETH push through 4,418.80, or is a cooldown coming?
- 🚀 A) Breakout to new highs
- 🧊 B) Pullback before continuation
- ⚖️ C) Range between 4K–4.3K
Comment your bias and your invalidation level — where would you flip your view?
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ETH’s move looks strong, but discipline matters more than hype. Let’s trade smart. 🧠💸