$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.

#Crypto #Trading #Layer1 #ETH #Ethereum