Alert of Sharp Rise $ETH

Sharp Rise - Ready to Break the $2,700 Level!

Ethereum is experiencing strong upward momentum, currently trading at $2,649.80 after a clear rebound from the support level of $2,452. The recent rise has pushed Ethereum to a new local peak of $2,692.99, and buyers are now consolidating just below the resistance level, looking to break the psychological barrier at $2,700.

Trading Setup:

Long Entry: $2,640 - $2,620

Take Profit (TP): $2,720 / $2,800

Stop Loss (SL): $2,580

Market Outlook:

The hourly structure remains bullish with consistent higher highs and higher lows. With strong daily gains exceeding 7% and positive momentum over the week, Ethereum's (ETH) price appears poised for continued upward movement. Closely monitor any trading volume breakout at the $2,700 level for the potential continuation of the rise.