๐ Ethereum (ETH) Trading Signal โ Potential Breakout Alert
Current Price: $2,595.36
Resistance Level: $2,800
Support Level: $2,500
Market Sentiment: Bullish
Technical Indicators:
ETH is approaching a critical resistance at $2,800.
Strong support observed at $2,500.
Positive momentum indicators suggest potential for upward movement.Investor's Business DailyFX Leaders
Trade Setup:
Entry Point: Consider entering a long position if ETH breaks and closes above $2,800.
Target Price: $3,000
Stop-Loss: $2,700
Note: This setup is based on current market conditions and technical analysis. Always conduct your own research and consider your risk tolerance before making trading decisions.
Stay updated with the latest market movements and adjust your strategies accordingly.