🌩️$ETH /USDT – May 02, 2025

🌐Category: Layer 1 Vol

💸Price: $1847.25 (+2.34%)

📈24H High: $1873.17 | 📉24H Low: $1789.24

🔄24H Volume (ETH): 551900.43 | 💰Vol (USDT): Not Provided

📈ETH Price Analysis & Key Levels

🔑Support: $1789.24

🔒Resistance: $1873.17

🧬Crypto Market Insights:

➡️Fibonacci Retracement:

Levels: $1789.24 (0%) | $1831.21 (61.8%) | $1873.17 (100%)

ETH’s rise places it above the 61.8% Fib level at $1831.21, showing bullish momentum📊

➡️Volatility Index (ATR):

14-period ATR: $41.97

ETH may swing between $1805.28–$1889.22 today🔍

🌟Bullish Scenario:

✅A break above $1873.17 could target $1900.00

✅High volume supports continued upside🚀

🌧️Bearish Scenario:

❌A drop below $1789.24 may hit $1750.00

❌Profit-taking could follow the 2.34% gain⚠️

🧭Trading Strategy: Bullish Bias

🛍️Spot Trading

Buy Zone: $1789.24–$1847.25

🎯Target: $1900.00

⛔Stop Loss: $1750.00

⚡Futures Trading

📈Long Setup

🔹Entry: $1847.25

🎯Target: $1900.00

⛔Stop Loss: $1780.00

🛡️Risk Management

Watch $1789.24 support closely—recent posts on X highlight mixed sentiment📉

🚨Stop Loss Key Alert

Set alerts at $1780.00 to manage risk⚡ Act fast if breached🛑

📝Unique Insight: Volume-Weighted Average Price (VWAP)

VWAP: $1830.00

ETH is above VWAP, supporting bullish sentiment, but historical data shows a peak of $2600 in March 2025🌟

💡Summary

ETH’s 2.34% gain tests resistance at $1873.17🔑 A breakout could hit $1900.00, or a dip may see $1750.00🌡️

❓Will ETH break $1873.17 or fall to $1750.00?

#BTCRebound #StablecoinPayments #BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days