📊 Ethereum (ETH) Market Analysis – Momentum Building?

📊 Ethereum (ETH) Market Analysis – Momentum Building?

Ethereum (ETH) is currently trading near a key technical zone after a recent consolidation phase.

🔎 Technical Overview:

• Price holding above major support zone

• Higher lows forming on lower timeframes

• RSI recovering toward bullish territory (50–60 zone)

• Volume slightly increasing → potential accumulation

📈 Bullish Scenario:

If ETH breaks and closes above immediate resistance, momentum could push toward the next liquidity zone. A breakout with strong volume confirmation would signal continuation.

📉 Bearish Scenario:

Failure to hold current support may lead to a retest of the previous demand area. Watch volume closely.

💡 Market Structure Insight:

The trend remains neutral-to-bullish on mid timeframe as long as higher lows continue forming.

🎯 Strategy Ideas:

• Short term: Wait for breakout confirmation

• Swing traders: Monitor RSI + volume confluence

• Long term: DCA strategy remains relevant in strong ecosystems

⚠️ Risk management is key. Never overexpose your capital.

What’s your ETH target for this quarter? 👇

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