ETH just printed a strong +10.85% day on Binance breaking clean above $2,340 (high touched $2,346) after grinding through the $2,200–$2,300 zone for days.
Quick chart read:
• Price is riding well above all the key MAs: 7-day (~$2,298), 25-day (~$2,232), even the 99-day (~$2,131) looks distant now.
• That yellow MA (likely 50 or 200-period) finally got reclaimed with conviction.
• Volume spiked noticeably on the breakout candles buyers showed up.
• Momentum is clearly bullish in the short term; we closed the 16th well into green territory after dipping to ~$2,094 lows earlier.
Feels like the market shook out weak hands below $2,100 and rewarded the patient.
Whether this turns into a sustained leg up or just a sharp relief bounce will depend on follow-through volume and if we hold above $2,300–$2,320 on any pullback.
Still early in the move, but structure shifted bullish today. Watching $2,359–$2,400 as next resistance if we keep the pressure.
#Ethereum #ETH #Crypto #Binance
