🚀 Ethereum on the Move: Can $ETH /USDT Maintain Its Momentum? ⚡🎯
Ethereum ($ETH ) has made significant strides, climbing 8.51% to reach $2,948.91. This surge positions $ETH near its 24h high of $2,949.32, drawing attention from traders eyeing key resistance and breakout levels.
💡 Key Levels & Targets: 1️⃣ Immediate Resistance: $2,950 – Surpassing this could solidify bullish momentum. 2️⃣ Target 1: $3,100 – A push above initial resistance may open doors to this level. 3️⃣ Target 2: $3,250 – Sustained momentum could see ETH testing this upper range. 4️⃣ Target 3: $3,400 – This level would signal strong bullish confidence, marking a significant milestone.
📊 Technical Insights:
MA (7) at $2,896 acts as a key short-term support, affirming the ongoing uptrend.
MA (25) at $2,842 underpins medium-term momentum, suggesting strong buyer interest.
MA (99) at $2,586 provides a solid base, indicating long-term strength and potential stability.
🔎 Trader's Note: Keep an eye on the $2,950 resistance level for confirmation of a breakout. If ETH fails to maintain above this, look for potential pullbacks as opportunities for strategic re-entry.
💬 Will Ethereum break through and aim for new heights? Share your predictions!
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