⚡️ $ETH /USDT – Bullish Momentum Picks Up Above $2.6K! 🔥
📊 Momentum Analysis:
Ethereum is gaining strength, trading at $2,608.32 (+4.94%). Volume is surging with over 545,970 ETH and $1.40B USDT in 24h volume. A strong bounce from the $2,475 support suggests growing bullish confidence as BTC steadies above $105K.
📈 Long Setup:
Entry Zone: $2,575 – $2,615
Targets:
🎯 T1: $2,650 (recent high)
🎯 T2: $2,720 (next resistance zone)
🎯 T3: $2,830 (monthly breakout level)
Stop Loss: $2,539
✅ Breakout Confirmation Level:
A sustained move above $2,650 with volume above 600K ETH/day could trigger a broader rally into June.
🛡️ Key Support: $2,475
This key level held twice and forms the baseline for bullish continuation.
💡 Pro Tip for Traders:
ETH often lags BTC's initial move—watch for high timeframe confirmation and rotate into strong ETH ecosystem altcoins if ETH closes a daily candle above $2,720.
📊 Trading Data Snapshot:
Current Price: $2,608.32
24H Change: +4.94%
24H High/Low: $2,649.91 / $2,475.00
24H Volume:
ETH: 545,970.11
USDT: $1.40B
Order Book Depth:
Resistance: $2,658.98 / $2,649.91 / $2,619.08
Support: $2,579.18 / $2,539.29 / $2,499.39
🕒 Last Updated: 2025-06-01 20:00 UTC
