š $ETH /USD ā Bullish Momentum Building Above $4,650
Ethereum is showing strong bullish momentum after climbing +2.32% to $4,656.81, breaking through key resistance levels and holding gains. If buying pressure continues, the next upside targets are $4,800 and $5,200, with a potential mid-term rally towards $5,600. On the downside, strong support lies near $4,400 ā holding above this zone keeps the bullish trend intact.
š Long Trade Setup:
Entry: $4,630 ā $4,660
Target 1: $4,800
Target 2: $5,200
Stop Loss: $4,400
š Short Trade Setup (only if trend reverses):
Entry: Below $4,400
Target 1: $4,200
Target 2: $4,000
Stop Loss: $4,550
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