$ETH Ethereum (ETH/USD) has been consolidating just below the resistance zone around $1,824, forming a strong base. Today’s breakout above this level indicates bullish momentum building up, with a potential upside target near $1,963.
The entry is placed slightly above the breakout point, while the stop-loss is set below recent consolidation support around $1,762. This setup offers a favorable risk-to-reward ratio.
Key Levels:
Entry: $1,824
Take Profit: $1,963
Stop Loss: $1,762