$ETH is showing strong momentum today, climbing 1.87% to $2,650.55 after hitting a 24-hour high of $2,663.80. The price bounced off the $2,607 support, and with this volume surge, it’s signaling possible continuation to the upside
The MA(7) is leading above other moving averages, indicating short-term bullish sentiment. However, we are approaching resistance at $2,666, and a pullback could occur if the buying volume weakens. Keep an eye on $2,600 support for any breakdowns. Long-term momentum is still healthy with a yearly gain of over 67%
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