“ETH/USD Gears Up to Challenge Projected Target – Market Analysis | 06-01-2026”

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ETH/USD rose in its latest intraday session after reaching the $3,240 resistance, our previously projected target. The pair pulled back slightly to gather bullish momentum for a potential breakout above this level, supported by trading above the EMA50 within a short-term bullish corrective trend. Price remains aligned with a guiding trendline, while positive signals from the Relative Strength Index continue to support upside potential despite overbought conditions.

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