# ETH/USDT Analysis: Is a Bullish Reversal on the Horizon?

Ethereum is showing signs of life against USDT, with the price breaking above key moving averages on the 4-hour chart. The bullish MACD crossover and rising RSI suggest momentum is building for a potential move higher. If ETH can maintain above $2,600, we could see a test of the $2,862 resistance, with $3,131 as a stretch target.

But caution is advised—if the price dips below $2,600, a retest of the $2,322 support is possible. The next few hours are crucial!

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