🚀 $ETH /USDT – Ethereum Breaks Resistance Amidst Bullish Momentum!
Market Structure:
Price Range: Ethereum (ETH) has been trading between an intraday high of $1,925.40 and a low of $1,817.31, indicating significant market movement within this rang.
Key Levels:
Resistance: $1,925.40 (intraday hig)
Support: $1,817.31 (intraday lo)
Trade Setup:
Entry Zone: $1,900 – $1,90
Target 1: $1,900
Target 2: $1,950
Stop Loss: Below $1,800
Why This Setup Matters: ETH's current price movement suggests a bullish phase, with the market testing and breaking previous resistance levels. Monitoring these levels can provide insights into potential continuation or retracement scenario.
Pro Tip: Given Ethereum's position as a leading cryptocurrency, staying informed about upcoming network developments, such as protocol upgrades, and broader market trends is crucial for making informed trading decision.
Breakout potential?
Keep an eye on $ETH as it navigates these critical support and resistance level!