$ETH
Ethereum (ETH) – Short Market Analysis
Ethereum is showing steady bullish strength, trading above its key support zone and forming higher highs on the short-term trend. Buyers are defending pullbacks well, indicating confidence in the current structure.
Support: ETH is holding above the near support area (buyers active on dips).
Resistance: Immediate resistance lies near the recent swing high; a breakout above this zone can accelerate upside momentum.
Momentum: RSI is trending upward, suggesting healthy buying pressure without extreme overbought conditions. MACD remains positive, supporting continuation of the uptrend.
Outlook:
As long as ETH holds above support, the bias remains bullish. A confirmed breakout above resistance could lead to a fresh upside move, while rejection may result in short-term consolidation before another attempt higher.
#MarketCorrection #PreciousMetalsTurbulence #CZAMAonBinanceSquare #USIranStandoff #USIranStandoff