Ethereum on the verge of a breakout

🔷Ethereum is showing signs of resilience, trading above $1,780 and the 100-hour moving average. After a recent rally to $1,842, the price corrected slightly, but bulls maintained control around the $1,780 level, indicating the strength of the upward trend. Resistance at $1,810 is currently capping movement; however, a break above this level could pave the way to $1,850 and further — potentially reaching $2,000.

🔷Nevertheless, if Ethereum fails to overcome this key resistance, there is a risk of a pullback to support levels at $1,750 and even $1,620. As such, the upcoming sessions may be decisive for ETH’s price direction.