Following the reaction from that level, price climbed up to the 2,697 – 2,633 USD resistance zone, reaching the short-term target outlined in our previous outlook. From a technical standpoint, that initial move has now played out successfully.

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A Breakout Could Signal the Next Move

Attention now shifts to whether this resistance zone can be broken with a confirmed close on the 4-hour chart. If such a breakout occurs, the next upside target for Ethereum could be around 2,880 USD.

For the moment, the market appears to be pausing, with traders watching closely. To validate further upside, price must break through this area decisively and with strong volume. Otherwise, we may see minor pullbacks before any continuation.

We remain on watch for now, as the technical setup continues to develop.

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The post Ethereum Bounces From Support: Is $2,880 the Next Target? appeared first on Coin Engineer.

Sharp Rebound After Losing 13$ Support

Our previous analysis indicated a key support level between 13.45$ – 13$, which was broken downward. Following that move, Trump Coin began approaching the targeted 12.10$ – 11.30$ region. Yet, without fully touching this zone, it bounced back with strong momentum, signaling bullish intent.

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The rebound led to a recovery of the resistance level, pushing the price toward the 14$ mark. Should this level be broken decisively, the next target on the radar is 15.50$. This implies a potential upward move of 13%, offering short-term opportunities for traders.

Traders Watching 15.50$ Target

For short-term investors, the 14$ level serves as a crucial resistance. A breakout here could mark the beginning of a new uptrend for Trump Coin. Technical indicators are beginning to reflect this bullish potential with increasing conviction.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Trump Coin Shows Strong Rebound After Losing Key Support appeared first on Coin Engineer.