Ethereum Targets $3750 Resistance after key Breakout
2024-11-28

Hello Traders 

Technical Analysis 
Price Action Ethereum has been broken above the cirtical resistance Zone near $35,546 now acting as support confirming bullish momentum.

Structure: After sharply rally, the price is consolidating just below the $36,41 level.This indicates a healthy pause in uptrend, forming a base for fruther upside.

Support: The $35,46 zone serves as a cirtical demand area . a retest of this level could offer buying opportunity if price pulls back.

Resistance: The next key target lies at the $3750 zone. highlighted as a potential supply are where selling pressure migt emerge.

Momentum:with the bullish breakout and continued upward trajectory, the momentum favors a rally towards $37,50 unless significant bearish pressures develops.