$ETH ETHUSDT

Perp

1,781.6

+10.52%

šŸ“ˆ Real-Time ETH/USDT Trading Signal

Signal Type: Bullish Breakout

Current Price: ~$1,786.10

šŸ” Technical Overview

Resistance Zone: ETH is approaching a critical resistance area between $1,800 and $1,900, which previously acted as support. A successful reclaim of this zone with supportive flows would suggest a bullish outlook.

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Support Level: Immediate support is observed near $1,750, aligning with the lower boundary of the current bullish channel.

Volume: Trading volume has spiked, indicating strong market interest.

šŸŽÆ Suggested Trade Setup

Entry Point: Upon a confirmed breakout above $1,800, consider entering a long position.

Take Profit Targets:

TP1: $1,900

TP2: $2,000

Stop Loss: Set a stop loss below the support level at $1,750 to manage downside risk.