Ethereum (ETH) Near $1,746: Bulls Target a Clean $1,800 Breakout as OBV Confirms Double-Bottom Recovery
Ethereum is trading near $1,746, and bulls are pushing for a clean $1,800 breakout that could change the near-term trajectory. Key watch items: elevated longs, OBV signaling confirmation, and a double-bottom setup that keeps recovery hopes alive.
The decisive factor is follow-through—if OBV continues to back the move and price holds the structure’s support, the rebound can gain momentum toward $1,800. Until then, volatility remains high, and any rejection could delay the breakout narrative.
Ethereum (ETH) is trading near $1,746. The technical backdrop leans bullish, with traders eyeing a clean break above $1,800. Beyond the important psychological level, the market is showing signs that recovery may be underway: longs remain elevated, OBV points to confirmation of underlying demand, and a double-bottom formation strengthens the upside thesis.
If price action stays aligned with these signals—especially OBV confirmation—the move could gather speed toward the $1,800 breakout. However, failure to hold the support levels implied by the pattern could stall or invalidate the recovery scenario.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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