🚨 $ETH /USDT – Compression Builds: Is Ethereum Gearing Up for a Breakout? 🔥
$ETH is consolidating in a tight range after hitting resistance near $2,680. Will it break higher or slide back to key support? Here's the play:
📊 Market Overview
📍 Current Price: Around $2,599 (Mid Bollinger Band)
📈 24h High: $2,680.91
❄️ 24h Low: $2,547.26
📊 Bollinger Bands (20,2):
• Upper Band: $2,628.18
• Middle Band: $2,599.55
• Lower Band: $2,570.93
Note: Ethereum is hugging the midline—momentum could swing either way!
📈 ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ETH Stays Above $2,570):
• Entry: Above $2,605
• Targets: $2,640, $2,680, $2,738+
• Stop-Loss: $2,545
🔹 Bearish Scenario (If ETH Breaks Below $2,570):
• Entry: Below $2,570
• Targets: $2,525, $2,450, $2,365
• Stop-Loss: $2,610
🔍 Should You Hold or Sell?
✅ Bollinger squeeze = volatility incoming
✅ Break above $2,628 = confirmation of bullish momentum
⚠️ Drop below $2,545 = downside risk to previous support levels
💡 Pro Tip:
Watch ETH-BTC ratio—if ETH starts outperforming BTC, expect a sharp move up!
📢 What’s your strategy—buying, shorting, or waiting for confirmation? Sound off below!
🔥 LIKE & SHARE if you’re trading ETH! More setups coming soon! 🚀
#ETH #Ethereum #ETHUSDT #CryptoTrading #Write2Earn
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