$ETH Potential Scenarios

Ethereum's price surged by 7.87% in the last 24 hours, breaking above the critical $3,300 resistance level. The price movement signals strong bullish momentum, supported by rising trading volume and a positive trend across key technical indicators.

Support and Resistance Levels

Support Levels:

$3,300 (recent breakout point)

$3,150 (psychological level, aligned with MA25)

$3,050 (previous consolidation zone)

Resistance Levels:

$3,366 (current 24h high)

$3,400 (psychological barrier)

$3,500 (major resistance)

Bullish Case:

Ethereum's breakout above $3,300 and its strong upward momentum suggest further upside potential. A sustained close above $3,400 could pave the way toward $3,500 and beyond.

Bearish Case:

If RSI-driven overbought conditions trigger a pullback, Ethereum may test support at $3,300 or $3,150. A break below $3,150 could signal further downside toward $3,050.

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