Ethereum faces resistance between $3,480 and $3,520. This area is known as the Golden Pocket and has acted as strong resistance in the past. If Ethereum encounters rejection here, short-term support is expected to be around $3,340, with stronger support between $3,210 and $3,250.
If a breakout above the Golden Pocket is confirmed and the candle closes above $3,520, the next major resistance level would shift to between $3,650 and $3,700, depending on previous resistance and Fibonacci levels.
Solana’s price recently closed around $160, just above this critical level. While there is no strong evidence that Solana will break above $160, the price is still above the $154 support level, which is currently acting as new support during short-term pullbacks. Despite Solana’s minor pullback, its trend and momentum remain bullish as long as it holds above the $152-$154 support level.
Sustaining above $152-$154 keeps the bullish outlook intact due to the double bottom pattern. A break below this support level could push Solana back to the $140-$144 range. Resistance remains between $160 and $161, where the price has been trading recently. A clear break above $160 would lead to further resistance between $170 and $175 and again between $183 and $187. $ETH $SOL
