$ETH Breakout on the Horizon? 🚀
$ETH is trading at $2,542.47 with a 0.37% increase. The RSI is at 69.06, indicating strong bullish momentum but caution near the overbought zone.
Key Levels:
Resistance: $2,555 (breakout target)
Targets: $2,610 and $2,675
Support: $2,500 and $2,468
Strategy:
Long Entry: Above $2,555 with strong candle and volume confirmation.
Alternative: Wait for a pullback zone if no clear breakout.
Pro Tip: Ride the momentum with a confirmed breakout, and be cautious of sideways movement or dips without confirmation.
