$ETH /USDT – Bullish Breakout in Progress!

Momentum analysis shows ETH/USDT is consolidating near the $1,799 level, with a slight dip of -0.27%. The 24-hour high reached $1,857.47, indicating potential for a breakout if the price holds above key support at $1,781.90. With significant volume in the 24-hour range (627.27M USDT), the market remains active. Traders should watch for confirmation of the $1,811.11 level as a potential breakout point.

Long Setup:

Entry Zone: $1,799–$1,811

Targets: T1: $1,837.26, T2: $1,857.47, T3: $1,863.42

Stop Loss: $1,784.96

Breakout Confirmation: Watch for a close above $1,811.11 for continued bullish momentum.

Key Support: $1,781.90

Pro Tip: A bounce from $1,784.96 can be used as a safer entry point to ride the potential breakout.

Hashtags: #ETH #Ethereum #CryptoTrading #USDT #Breakout