Ethereum Approaching Key Resistance – Breakout or Rejection?

10 mag

Ethereum (ETH) has been on a strong upward trend since bouncing from the $1500 zone, and it’s currently trading around $2372. All eyes are now on the next major resistance area between $2600 and $2900.

So what’s next—breakout or pullback?

If ETH can push through this resistance with strong momentum and volume, we could see a continuation toward $3000 and beyond.

A rejection from this level could lead to a dip back toward the $1900–$1700 support range.

My Take: The trend is bullish, but this resistance zone is a key test. A strong close above $2900 would confirm a breakout. Until then, caution and close observation are crucial.

What do you think? Will ETH break through or bounce down from here?

Share your thoughts below!

Kindly support this idea with a LIKE👍 if you find it useful🥳

Happy Trading💰🥳🤗

12 mag

Trade attivo

Here we are. Breakout or rejection?

17 mag

Trade chiuso: obiettivo raggiunto

Can we call this a rejection or wait for weekly candle close?