# 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 advisedâif the price dips below $2,600, a retest of the $2,322 support is possible. The next few hours are crucial!
Stay ahead on Binance Squareâyour go-to for crypto insights!
#EthereumETFApprovalExpectations #CryptoTrading. #BinanceSquareFamily #ETHUSDTANALYSIS