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Technical Outlook: ETH Tests Key Resistance While Building Recovery Momentum
Ethereum (ETH) is consolidating after a strong rebound from its recent demand zone, with price trading around $ETH Buyers have successfully reclaimed the 20 EMA and 50 EMA, signaling improving short-term momentum. However, ETH continues to face strong resistance below the 100 EMA, making the current zone critical for determining the next directional move. RSI remains above the neutral level, suggesting bullish momentum is gradually strengthening.
#SummerCreationCamp #EventContractsLaunch #BrentReturnsTo100