๐ Ethereum ($ETH ) โ The Bull is Waking Up! ๐
Current Price: $1,796 | Key Breakout Zone: $1,800
๐ MARKET SNAPSHOT
ETH is testing $1,800 resistance after weeks of consolidation
Volume is rising โ smart money may be accumulating
Bulls are in control, but a clean breakout needs confirmation
๐ TECHNICAL BREAKDOWN
โ Structure: Pennant forming near resistance โ breakout or fakeout?
โ Volume: Green candles showing real demand (not just hype)
โ Momentum:
MACD: Bullish crossover forming
RSI: 62 (healthy, not overbought yet)
๐ฏ KEY LEVELS TO WATCH
๐บ Resistance (Upside Targets)
$1,800 โ $1,825 (Break here = fast move to $1,900+)
$1,900 โ $1,970 (Next major liquidity zone)
๐ป Support (Downside Protection)
$1,750 โ $1,720 (Must hold for bullish continuation)
$1,670 (Last defense before deeper correction)
โก TRADE SETUPS
LONG ENTRY (Breakout Play)
Trigger: Clear break above $1,805 with volume
Take Profit:
TP1: $1,850 (Scalp)
TP2: $1,900 (Swing)
Stop Loss: Below $1,745 (Invalidation)
SHORT ENTRY (Rejection Play)
Trigger: Bearish rejection at $1,800โ$1,820 (wick + low volume)
Take Profit:
TP1: $1,750
TP2: $1,700
Stop Loss: Above $1,825 (Risk management)
๐ก PRO TRADER TIPS
Donโt chase pumps โ Wait for confirmation + volume
Liquidity zones matter โ Whales hunt stops at round numbers ($1,800)
Timing is key โ Big moves often happen during NY/London session opens
Exchange reserves dropping = Fewer ETH for sale โ potential squeeze
๐ฎ PRICE PREDICTIONS
๐ BULL CASE (If $1,800 holds)
$1,900 โ $1,970 in days
$2,000+ possible if Bitcoin rallies
๐ป BEAR CASE (If rejection holds)
Pullback to $1,700โ$1,670 before next leg up
๐ FINAL CALL
Breakout = FOMO rally
Rejection = Buy the dip opportunity
Trade smart โ Use stops & manage risk!
๐ Drop your ETH predictions below!