$ETH As of April 27, 2025, Ethereum (ETH) is trading at approximately $1,794.11, exhibiting a slight increase of 0.45% for the day.

📉 Ethereum Short Trade Setup – Targeting $1,690 & $1,623

Ethereum is currently hovering near a significant resistance zone between $1,800 and $1,850. This area has previously acted as a ceiling, and the price is showing signs of a potential pullback.

Trade Setup:

Entry Zone: $1,800 – $1,850

Take Profit 1 (TP1): $1,690

Take Profit 2 (TP2): $1,623

Stop-Loss: Above $1,860

If Ethereum fails to break above the resistance zone, a short position targeting the support levels could be favorable. Monitor for confirmation of a reversal before entering.

📈 Ethereum Long Trade Setup – Targeting $1,892 & $2,025

Ethereum has shown strong bullish momentum, recently bouncing from a low of $1,703 to its current levels. A breakout above the $1,850 resistance could signal further upside potential.

Trade Setup:

Entry Zone: On a confirmed breakout above $1,850

Take Profit 1 (TP1): $1,892

Take Profit 2 (TP2): $2,025

Stop-Loss: Below $1,750

If Ethereum breaks and holds above the resistance zone with increased volume, a long position targeting higher resistance levels could be favorable. Ensure to confirm the breakout before entering and manage risk appropriately.

🔄 Bouncing Points – The Exciting Zones

Support Levels:

$1,703: Recent support level where Ethereum found footing before its current move.

$1,654: A structurally significant support evident on the 4-hour chart, characterized by a cleaner and sound area of demand.

$1,623: A deeper support zone that has historically attracted buying interest.

Resistance Levels:

$1,850: Immediate resistance that Ethereum needs to overcome for further gains.

$1,892: Next resistance level following a breakout above $1,850.

$2,025: A significant psychological barrier and potential profit-taking zone.

Buy and Trade here $ETH