ETH Testing $3,100: What’s Next? 🚀
$ETH is showing strong resilience today, trading around $3,096. After weeks of consolidation, we’ve finally broken the psychological $3,000 barrier.
Key Technicals:
Support: $3,050 is the must-hold zone for bulls.
Resistance: $3,250 is the next major target. A high-volume break here could lead to $3,500.
Sentiment: RSI is at 58, meaning there’s still plenty of room to run before becoming "overbought."
Institutional interest via ETFs is keeping the floor price stable. I’m looking for a continuation of this trend as long as we hold above the 50-day EMA.
#ETH #Ethereum #TechnicalAnalysis #BinanceSquare #StrategyBTCPurchase
ETH
1,774.16
-17.79%