Keeping on top of the key support of the daily chart – turn to breakouts

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4 Min Read
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Ethereum’s daily charts show signs of strength, price action integrates beyond support levels, and momentum indicators are stable. The structure suggests that ETH builds a solid foundation for the next move.

Overcoming resistance can trigger a fresh gathering

medicine Published X updates outlined Ethereum prices Holds on top of the key Support Zone $2,415. This level serves as a solid foundation as prices fall below the 21 index moving average (EMA).

ArzTrader has closed daily over the 21 EMA and 2 Fair Value Gap (FVG) zone, showing strong demand. If ETH checks this A beautiful breakArzTrader expects a bounce to range from $2,740 to $2,900. Once momentum is built and technology is adjusted, it can mark the start of Ethereum’s next foot.

Ethereum
Equip for breakouts | Source: x arzTrader

According to For Whitewalkers, the Ethereum setup is bullish with clean construction, and the dip remains solid from the $2,300 to $2,345 blue zone. The next Take Probit (TP) zone is between $2,914 and $3,014.

If it breaks beyond that range of resistance, Whitewalkers expect to carry ETH to a larger target zone with momentum ranging from $3,900 to $4,100. Currently, ETH is trading at 50 and 200 EMAS resistances and is stuck. However, if a golden cross has been confirmed, ETH can move sharply upside down.

Ethereum is approaching a key moment in the daily charts as price action becomes stronger near the top of the massive megaphone wedge shape. ETH is pushing Keemas at the $2,500 level.

Pump News It was mentioned A breakout can fire the rally on top of this wedge, with rising targets ranging from $3,000 to $4,000. However, if it falls below $2,360, the bullish momentum is ineffective. Volatility can spike forward.

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Still playing range – breakout levels are clearly defined

Tech expert and trader Daan Crypto Trades revealed that Ethereum has returned to $2,313 and $2,736 after flushing to the downside that cleared liquidity and outage losses placed under range, as observed on the four-hour chart.

Daan Crypto Trades point Most levels up to $2,500 Volume is traded It also marks the midrange of the structure. As long as prices rise around this area, the market balance is maintained. A break above $2,500 can open the door to retest ETH between $2,700 and $2,800 zones.

Ethereum
$2,428 ETH trading on 1D chart | Source: eatusdt on tradingView.com

Getty Images Featured Images, Charts on tradingView.com

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