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ETHUSD continues to sustain its bullish bias, supported bya strong technical structure. The recent bounce from the ascending trendline confirms bullish interest around $4,450, with price consistently rebounding above this structural base. Resistance at $4,870 has capped previous rallies, but recurring retests suggest a potential breakout. The pair has formed a series of bullish continuation patterns, while downside movements have been absorbed around $4,440–$4,110, establishing this region as a reliable defense for market participants. The market’s stability in this zone signals a foundation for advancing toward higher resistance thresholds.
ETHUSD maintains the potential to break decisively above the $4,870 barrier, which would open the pathway toward $5,500 in the medium term. Should bullish volume expand, the next target lies at the $6,010 resistance zone, representing a key psychological milestone. On the downside, immediate supports remain at $4,560 and $4,450, ensuring that corrective pullbacks are unlikely to shift the broader bullish framework. As long as ETHUSD sustains above these support levels, buyers positioning favors upward expansion, with market structure providing a clear roadmap toward higher valuations in the near term.
ETH Key Levels
Supply Levels: $4870, $5500, $6000
Demand Levels: $4110,$3530, $2860
What are the indicators saying?
ETHUSD is currently navigating a bullish path, exhibiting sustained resilience above key moving averages. The 9-day SMA, positioned at $4,560, has acted as an effective dynamic support, validating short-term upward sentiment. Momentum indicators further align with this trend, as the MACD lines hover above equilibrium, showing gradual recovery in buying pressure. Price movement has consistently held within an ascending structure since mid-July, with higher lows reinforcing demand strength. This alignment between trend structure and indicators reflects a market environment where buyers retain strategic control.
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