Ethereum Under the Microscope: Price Breakout or Sharp Pullback Ahead?
ETH/USDT is currently trading around $1,828, down by -0.47%. The price is stabilizing after a strong rebound from a solid support zone near $1,385. Short-term moving averages (MA 7 & MA 25) show a bullish crossover, hinting at potential upward momentum unless the key support at $1,800 is breached.
Futures Market:
Low daily price change with high liquidity suggests the market is in a wait-and-see phase. A strong move is likely approaching, especially as the price tests the resistance near $1,950–$2,000. Short-term long entries could be considered with tight risk management.
Summary:
The market is calm before the storm. Smart traders wait for confirmation — breakout or breakdown.
#ETH_Analysis #TradeSmart $ETH