💥$ETH /USDT Momentum Builds Above 1,958.50 USDT!🔥
🌟Current Price: 1,958.50 USDT (+1.78%)
🌟24-Hour High: 1,968.72 USDT (Resistance Zone)
🌟24-Hour Low: 1,787.01 USDT (Key Support)
Trading Volume (24H):
🌟ETH: 752,840.68
🌟USDT: 1.41 Billion USDT
$ETH is testing upper resistance levels, showing strong momentum, with increased volatility favoring a breakout or pullback scenario
⚡Technical Indicators 🔎
🔸Bollinger Bands: Expanding—volatility rising, favoring breakout setups.
🔸RSI: Near overbought—momentum strong, but caution needed.
🔸MACD: Bullish divergence intact—trend continuation possible.
🔸Moving Averages (MA & EMA):
Short-term trend remains bullish, but resistance validation required.
⚡Trade Setups 📝
🎖️Bullish Scenario
Type: Breakout Continuation
👉Entry Point: Above 1,960 USDT (validated by strong buying volume)
👇Take-Profit Targets:
🎯TP1 (1:1): 1,970 USDT
🎯TP2 (1:2): 1,980 USDT
💢Stop Loss: Below 1,945 USDT
🎖️Bearish Scenario
Type: Pullback Trade
👉Entry Point: Below 1,945 USDT (confirmed rejection at resistance)
👇Take-Profit Targets:
🎯TP1 (1:1): 1,930 USDT
🎯TP2 (1:2): 1,920 USDT
💢Stop Loss: Above 1,960 USDT
⚡Risk Management Strategy ⚠️
Move Stop Loss to Breakeven after hitting TP1 in either setup
Secure Partial Profits (~50%) at TP1 levels for safer trade execution
⚡Key Observations ✍️
1. Validate breakout/pullback moves with volume confirmation to avoid false signals.
2. Monitor the 1,968.72 USDT resistance zone—breaking this could unlock extended upside moves.
3. Stick to disciplined entries/exits and proper risk management strategies to navigate current market conditions.
👉Buy Or Trade With Me On $ETH