ETH Bounces Off Last Week's Low Amid Bullish Momentum
Ethereum has resumed its bullish trend after testing last week's low at $2,340. The current momentum is supported by price action and candlestick patterns.
The Stochastic Oscillator at 65.0 suggests the market is not overbought, indicating a likely continuation of the uptrend.
The next bullish target for ETH/USD is last week's high at $2,755.