Buy trade signal on pair $ETH
/ - Bullish bounce from a key support level
The #Ethereum pair regains strong momentum after a strong bounce from the strong support area at $2,400. It is currently trading at around $2,549.48, and Ethereum is strengthening its position in preparation for the next upward move.
This structure provides a new buying opportunity with strong upward potential towards $2,600 or more.
Trading settings:
• Entry area: $2,540 - $2,560
• Take Profit Point 1: $2,580
• Take Profit Point 2: $2,610
• Final Target (Take Profit Point 3): $2,645
• Stop Loss: Below $2,495
Why buy?
The price bounced from a stable level at $2,400 - $2,500.
Clear signs of a return to buying activity.
Trading volume supports the continuation of the upward trend in the short term.
If the price of Ethereum breaks the $2,555 level and holds above this level, it may quickly push bulls towards $2,600 and above.