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Ethereum Gears Up for Another Move as Bulls Hold Key Levels
Ethereum is starting to build momentum again.
While $BTC continues to guide the broader
market direction, ETH is holding strong above $2,300 and pushing higher after a recent pullback.
The move started after $ETH bounced from
the $2,220 support zone and reclaimed the $2,250-$2,300 levels, regaining short-term bullish structure
Even after a correction from the $2,417 high, the price is now trading above the 100-hour moving average, showing that buyers are still in control.
That matters because holding above $2,300
keeps the current trend intact and signals continued strength.
• On the upside, traders are closely watching the $2,365-$2,380 resistance zone. A clean breakout above this area could open the door toward $2,400 and potentially $2,440 next.
If momentum continues, $ETH could even
push toward the $2,500-$2,550 range in the nearterm - but only if bulls defend the $2,300 support and avoid a deeper pullback.
$ETH