#Ethereum #CryptoTrading
ETH Just Broke Out — Momentum Building?
Ethereum is showing strong momentum today.
Price just pushed above the upper Bollinger Band, printing a powerful candle with rising volume. This type of move usually signals a volatility expansion phase.
Key signals traders are watching:
• MACD turning bullish with expanding histogram
• Strong buy volume entering the market
• StochRSI approaching overbought territory
What does this mean?
Short term, ETH may retest the $2,100 area before the next move. If buyers defend that level, the next targets traders are watching are:
$2,180 → $2,220
However, if momentum fades and ETH falls back below $2,100, we could see a quick pullback toward $2,060.
For now, the structure remains bullish with momentum on the buyers’ side.
The big question:
Will Ethereum continue the breakout… or fake out and retest support first?