#Signal🚥.

$ETH Spot Recommendations:

Short-term:

• Current Price: 2478.68000000

• Action: Buy

• Entry Price: 2492.50

• Stop Loss: 2476.60

• Take Profit: 2545.00

• Rationale:

— Primary Signals: The short-term analysis, primarily focusing on the 15-minute candles, indicates a potential bullish setup. Price action shows a recent consolidation phase followed by a breakout attempt above a minor resistance zone around 2490-2495. The most recent candles show a push above this area, although a definitive close is needed to confirm this breakout. If this level holds the pullbacks, the price would continue towards the 2545.00 level.

— Lagging Indicators: Monitoring the 1-hour timeframe provides context. A consolidation phase around 2500 and a subsequent upward trend was noticed indicating the price could be supported in short term.

— Sentiment Analysis: The short-term sentiment is categorized as "Positive" with a score of 0.7, suggesting bullish momentum in the market. The positive headlines are in alignment with technical indicators suggesting a buy is favorable.