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Ethereum (ETHUSD) Shows Sustained Bullish Outlook With Strong Support Levels

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ETHUSD shows sustained bullish outlook with strong support levels. The price has recently experienced a minor pullback after reaching highs close to $4,500, finding immediate support near the $4,390 level. Below this, a more critical demand zone rests around $3,660 to $3,750, coinciding with an order block that has historically acted as a springboard for bullish continuation. Should ETHUSD revisit this area, it would likely invite strong accumulation by buyers, reinforcing market structure. Resistance is clearly mapped at $4,870, which will serve as a key short-term upside target before testing higher liquidity levels.

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Looking ahead, ETHUSD is expected to consolidate between $4,100 and $4,870 before mounting another bullish push toward $5,500 in the medium term. If buying momentum accelerates, a more extended rally could test the $6,000 region, which represents a major psychological and technical barrier. Conversely, a breakdown below $3,660 would undermine bullish momentum, opening downside risk toward $3,250, though current conditions make such a scenario less probable. Overall, the technical landscape favors continuation of the bullish trend.

ETH Key Levels

Supply Levels: $4870, $5500, $6000
Demand Levels: $4110,$3530, $3160

Ethereum (ETHUSD) Shows Sustained Bullish Outlook With Strong Support Levels

What are the indicators saying?

The ETHUSD pair has maintained a broadly bullish structure with price action continuing to trade above the 9-day Simple Moving Average (SMA), which is currently situated near $4,390. Momentum indicators are supportive of the upward trend, with the Relative Strength Index (RSI) holding around 66, showing strength without yet crossing into extreme overbought territory. This alignment between price movement and technical indicators reinforces the underlying buying pressure, suggesting that bullish sentiment remains intact.

 

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