🔷 Ethereum (ETH) Approaches Resistance: Can the Bulls Push
Crypto Universe official
Updated at: 9 hours ago
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Ethereum (ETH) continues its upward journey, now priced at $3,613.72 with a modest +0.55% gain on the day. The 1-day chart shows bullish structure holding firm, with moderate volume (5.87K) supporting the trend.
🔺 Key Resistance Zones
$4,405.31 – $4,978.10: This zone remains a major barrier. A breakout here could set ETH on a path toward reclaiming 2021-style highs. Expect increased volatility near this level.
🔻 Support Levels to Watch
Immediate Support: Near $3,544.64, acting as the first line of defense.
Major Support Zone: Between $2,649.64 – $2,145.81, a long-term demand area where bulls have historically reloaded.
📊 Trend Overview
ETH is showing a steady climb, and holding above the immediate support signals strength. However, the volume remains moderate — meaning momentum is cautiously bullish.
🚀 If momentum builds, ETH could test the $4.4K–$5K resistance area.
⚠️ If weakness emerges, it may revisit the $3.5K or even $2.6K range for a healthier correction.
🎯 What Traders Should Monitor
✅ Break above $4,405 = strong bullish continuation.
✅ Holding above $3,544 = bullish structure remains intact.
❗ Drop below $2,649 may shift medium-term sentiment.
💡 Ethereum remains a cornerstone of the Web3 ecosystem, and this price action reflects growing confidence — but the key breakout test still lies ahead.
📌 This analysis is for informational purposes only. Always DYOR.
#cryptouniverseofficial $ETH
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