Overview
- Ethereum pushed out of a daily bull flag near $2,370 after reclaiming the ~$2,320 realized price.
- Traders are watching resistance at $2,400 to $2,460, and a clean break could open moves toward $2,577 and $2,772.
- The pattern’s measured move points to an upside target in the $2,800 to $3,000 range, which remains a projection.
- Momentum looks firmer, with the RSI holding above 50 and the MACD close to a bullish crossover on the daily chart.
- A dense supply zone at $2,750 to $2,850, tied to about 7.1 million ETH, could cap gains, and losing ~$2,300 support would weaken the setup.