ETHUSDT Reclaims 200 EMA: Eyes on $2500-$2600 Resistance!

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Ethereum (ETH) has successfully risen above the 200 EMA on the 4 hour Chart for the first time since July. signaling a potential bullish reversal. This critical indicator often marks a shift in market sentiment, and ETH's current price action suggests we could see significant upward movement.

Currently, ETH is facing a key resistance zone between $2500 and $2600. A breakout above this level could unleash further bullish momentum, with the next target to watch being $3000, which could be within reach as momentum builds. As we monitor this potential breakout, it's important to keep an eye on volume and momentum for confirmation, as a strong push through resistance will strengthen the bullish case.

Always keep stop loss!!

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Ghi chú

As we expected, ETH/USDT broke the $2600 resistance and is moving toward $3000.

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Giao dịch đang hoạt động

expecting small correction.

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Giao dịch đang hoạt động

$2700