#BinanceAlpha$1.7MReward

$ETH Bullish Momentum After Breakout

Price: $2,477.39 | Change: -5.27%

Chart Breakdown – 2H Timeframe:

1. Market Setup:

ETH found solid ground near $1,800 (support zone) and pushed higher, forming a sideways range before finally breaking out upward.

2. Breakout Confirmation:

We’ve got a Change of Character (CHoCH) and a break above a bearish order block, signaling the bulls are stepping in.

3. Fair Value Gap (FVG):

A key imbalance zone is highlighted — expect possible price dips into this zone as smart money reloads before the next leg up.

4. Trade Idea (Long Setup):

Entry: ~$2,494

Target: ~$2,850

Stop-loss: Just below support (tight risk control)

This gives a solid risk reward for buyers eyeing the next wave.

5. Big Picture:

ETH is flashing signs of a trend reversal and breakout continuation. If support holds, we could see a strong bullish run ahead.

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Conclusion:

ETH is shaping up for a bullish move. The breakout, structure shift, and retest align with a high-probability long trade. Keep an eye on $2,494 for entries — next stop, $2,850?

#CryptoTechnicalAnalysis #SmartMoneyMoves #BullishETH #TradingViewSetup #EthereumUpdate