My thoughts on ETH : BULLISH

Looking at Ethereum (ETH/USDT) trading at $2,4141.64 right now, I’m seeing a great opportunity to enter a bullish trade. Here’s why I believe Ethereum is primed for solid gains:

Technical Setup:

1. Moving Averages:

• MA(7): $2,418.28.

• MA(25): $2,411.71.

• MA(99): $2,423.61.

Ethereum is currently sandwiched between key moving averages, and the price is testing these levels for a potential breakout. The fact that it’s holding above the 7-day and 25-day averages shows that the short-term trend is still bullish.