$ETH / USDT – Showing Resilience in the Layer 1 Space!
$ETH is currently trading at $2,504.09, up slightly by +0.97%. Looking at the 4-hour chart, we see ETH consolidating after a recent upward move. It's holding above a key level, suggesting potential for further gains.
Potential Trade Setup:
* Current Price: $2,504.09
* Possible Entry Zone: $2,490 - $2,510 (around the current price range)
* TP1: $2,550 (previous resistance level)
* TP2: $2,600 (psychological level and near the 24h high)
* Stop Loss: $2,450 (below recent support)
Pro Tip: Watch for a clear break above the $2,520 level with increasing volume. This could signal the start of the next bullish leg.