$ETH š„ š„ BULLISH MOMENTUM š„ š„
š§ ETH/USDT Trade Setup
Current Price: $2,628
24H Volume: $2.12 Billion USDT
Trend Bias: š Bullish Consolidation
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š Technical Breakdown
Indicator Value/Signal Interpretation
RSI (14) 58 Momentum rising, room to run ā¬ļø
MACD Bullish crossover Suggests continuation š
EMA (20/50/200) Price above 20 & 50 EMA Mid-term bullish bias ā
Support $2,580 / $2,500 Recent demand zone š§±
Resistance $2,700 / $2,790 Next hurdles šŗ
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šÆ Trade Strategy
š¢ Entry Zone:
$2,600 ā $2,630 (Current zone is optimal for swing entry) ā
š§ Targets:
1. T1: $2,700 š” (Short-term resistance zone)
2. T2: $2,790 š¢ (Recent local top)
3. T3: $2,880+ š (Extended FIB 1.618 target)
š» Stop Loss:
Below $2,560 ā (Break of higher low structure)
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š Risk-Reward Overview
Entry @ $2,628, SL @ $2,560, TP @ $2,790
ā R:R ~ 1:2.4 ā
Great for swing and positional traders.