Ethereum just printed a strong bounce from the macro ascending trendline, holding structure since 2020. This confirms continued bullish strength on the higher timeframe. ๐ฅ
๐น Key Highlights:
Price is pushing up slowly to hit the major weekly resistance around $2800. Next bullish target: $2,800 resistance zone, also aligns with the EMA cluster. ๐ A breakout above $2,800 could open the doors for $4,000+ in the coming months.
๐ง Watching for volume + some fundamental catalyst.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.