Ethereum (ETH/USDT) Analysis: Bullish Momentum! šŸš€

Current Price: $1,778.42 šŸ“ˆ

24h Change: +2.20% āœ…

The chart indicates a strong recovery from a previous dip around March 31, 2025.

The price is currently hovering around $1,778.42, showing signs of upward momentum.

The moving averages (MA) and Bollinger Bands (BOLL) suggest a potential breakout. šŸ’„

Key Indicators:

K: 56.72

D: 51.61

MACD: -4.18 (Potential bullish crossover)

Outlook: Expecting continued bullish movement towards the $1,800 - $1,900 range. šŸ‚

$ETH Trade Plan šŸ“ˆ

āœ… Entry Zone: Buy within $1,770 - $1,780 for a low-risk setup.

ā›” Stop Loss: Set at $1,730 to limit downside risk.

šŸŽÆ Profit Targets:

Target 1: $1,820 šŸ“ (Move stop to breakeven)

Target 2: $1,880 šŸŽÆ

Target 3: $1,950 šŸš€

šŸ“Š Risk/Reward Ratio: Aim for 3:1 āš–ļø to maximize gains.

BUY ETHERIUM HERE: $ETH

šŸ”„ Strategy: Adjust stop-loss to breakeven after hitting the first target.

Trade Wisely, Stay Safe. .

#EthereumFuture