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$ETH /USDT Market Update 📊
$ETH Ethereum is showing strong bullish momentum, currently trading around $2,403 with an impressive +3.89% gain on the day.
📈 Market Structure:
Price bounced cleanly from the $2,285 support zone, confirming strong demand.
Clear bullish trend with higher highs & higher lows on the 15m timeframe.
Moving averages are perfectly aligned for upside:
MA(7) > MA(25) > MA(99)
Strong breakout above $2,380 resistance, now acting as support.
Volume expansion signals aggressive buyer participation.
🎯 Key Levels to Watch:
Bullish Targets: $2,420 – $2,450 in the short term.
Support Zones: $2,360 – $2,380 (ideal pullback area).
⚠️ Risk Management: Price is slightly overextended after a sharp move, so short-term pullbacks are possible before continuation. Avoid chasing highs without confirmation.
🔥 Overall trend remains bullish, as long as price holds above the $2,350 region.
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