🤩🤩🤩 #Ethereum✅ Set for Massive Rally? #shibaInu and #solana Show Early Moves
Shiba Inu Faces Key Resistance
- Shiba Inu (SHIB), trading at $0.00002193, has reclaimed the 100 EMA, sparking optimism. However, low trading volume indicates weak conviction, making the rally fragile. A breakout above the 200 EMA at $0.0000235 is essential to confirm bullish momentum, potentially targeting $0.0000250.
- Failure to hold above the 100 EMA could lead to a retest of $0.0000200, with the 200 EMA as critical support. Traders await higher volume and a decisive break above $0.0000235 for confirmation of a trend reversal.
Solana Tests Resistance
- Solana ($SOL ), now at $190, has gained 13% recently but faces resistance near the 200 EMA at $195. Breaking this level could push the price to $210, with further upside potential to $230.
- However, candlestick shadows and moderate volume highlight selling pressure. A failure to break resistance could lead to a pullback to $175, supported by the 100 EMA. A breakout above $200–$210 with strong buying interest is crucial for sustained recovery.
Ethereum Targets $4,000
- Ethereum ($ETH ) has rebounded from $3,200 to $3,367, reclaiming its 50 EMA. A breakout above $3,500 could signal bullish momentum toward the psychological level of $4,000 and resistance near $4,200.
- If ETH fails to hold the 50 EMA, it risks retracing to $3,300 or $3,050, delaying the rally. Sustained volume and consolidation above $3,500 are critical to maintaining bullish sentiment, with $4,000 as a potential next target.
