đ Ethereum on the Move: Can $ETH /USDT Maintain Its Momentum? âĄđŻ
Ethereum ($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.
đĄ Key Levels & Targets: 1ïžâŁ Immediate Resistance: $2,950 â Surpassing this could solidify bullish momentum. 2ïžâŁ Target 1: $3,100 â A push above initial resistance may open doors to this level. 3ïžâŁ Target 2: $3,250 â Sustained momentum could see ETH testing this upper range. 4ïžâŁ Target 3: $3,400 â This level would signal strong bullish confidence, marking a significant milestone.
đ 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.
đ 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.
đŹ Will Ethereum break through and aim for new heights? Share your predictions!
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