$ETH /USDT Short Analysis

Ethereum (ETH) is showing strong bullish momentum on the 15-minute chart. The price has surged to $1,737.97, gaining approximately 3.86%. A breakout above the recent consolidation zone around $1,720–$1,725 was supported by a noticeable increase in trading volume, indicating strong buyer interest.

Key Levels

* Resistance: $1,748 – $1,753

* Support: $1,720 – $1,725

* Major Support: $1,695 (MA99 area)

If ETH holds above $1,725, the next target could be the $1,750+ region. However, after such a sharp move, a short-term pullback toward support is possible before the next leg higher.

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ETH
ETHUSDT
1,744.4
-3.93%