Ethereum (ETH): Pressure Around Zone of EMAs | Bullish?

ETHUSDT.P is still hovering around the EMAs, creating a zone of pressure. This area has repeatedly acted as a pivot point in the past, and we are now waiting to see if buyers step in with the same momentum.

As long as price holds above this structure, the bullish setup remains valid. A clean bounce from here could open the door for continuation toward $4,800 and eventually $5,555.

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