$ETH /USDT ā Bullish Breakout & Retest Play! š
#Ethereum broke out sharply above the $2,430 demand zone with a strong bullish engulfing candle. After hitting a high near $2,524, price is currently consolidating just above $2,500, respecting the breakout level and holding structure for a continuation setup.
šø Trade Setup:
Entry: $2,500 ā $2,502 (Current price zone, post-retest entry)
Take Profit (TP): $2,544
Stop Loss (SL): $2,485
š¹ Risk/Reward Ratio: ~2.9R
ā Pro Tip:
A bullish 30-min candle close above $2,510 with volume could confirm the next leg toward $2,544+. If price dips, watch for higher low confirmation near $2,495. Solid trend continuation potential with minimal downside risk.
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