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ETHUSD targets renewed upside momentum from the strategic demand zone. ETHUSD has successfully defended the $3,520 zone, which has served as a critical reaction level since August. The market’s ability to hold above this base highlights sustained buying interest within a well-defined bullish block, coinciding with the prior breakout level around $3,700. Recent candlestick formations show rejection wicks to the downside, reflecting buyers’ determination to maintain control despite temporary volatility.
Looking ahead, if ETHUSD sustains momentum above the $4,030 short-term resistance, the next target lies near $4,370, followed by a more ambitious move toward $4,870 and $4,960. A confirmed daily close above these zones would open the door to further expansion toward $5,500 and potentially $6,000 in the coming weeks. Conversely, as long as the $3,520 demand base remains intact, the broader technical outlook remains firmly bullish, favoring a continuation of the upward trajectory into the final quarter of the year.
ETH Key Levels
Supply Levels: $4870, $5500, $6010
Demand Levels: $4110, $3530, $2860
What are the indicators saying?
ETHUSD demonstrates a constructive bullish structure on the daily chart as buyers re-emerge around the $3,520–$3,900 accumulation region. The pair is gradually recovering from its recent corrective phase, with price now stabilizing above the lower boundary of the major order block. The 9-day Simple Moving Average currently lies near $4,030, acting as the first technical hurdle for bullish continuation. Meanwhile, the Relative Strength Index (RSI) at approximately 42 reflects early signs of recovery from a neutral-to-oversold state. This indicates that market sentiment is gradually tilting back toward accumulation after a period of weakness.
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