๐Ÿšจ $ETH

/USDT โ€“ Bullish Momentum Building or Short-Term Spike? โš™๏ธ

Ethereum has edged up +2.20% in the past 24h, testing resistance near $2,531. Will this Layer 1 giant extend its gains or face a rejection at key levels?

๐Ÿ“Š Market Overview

๐Ÿ“ Current Price: ~$2,480.94

๐Ÿ“ˆ 24h High: $2,531.36

โ„๏ธ 24h Low: $2,402.70

๐Ÿ“ฆ 24h Volume (ETH): 551,292.73

๐Ÿ’ต 24h Volume (USDT): $1.36B

๐Ÿ“Š Parabolic SAR: ~$2,466.00 (Uptrend still intact)

๐Ÿ“‰ MACD Momentum (Estimates):

DIF: +42.10 (Positive shift in momentum)

DEA: +17.85

MACD: +48.50 (Bullish crossover confirmed!)

๐Ÿ“ˆ $ETH Trade Setup โ€“ Key Levels to Watch

๐Ÿ”น Bullish Scenario (If ETH Holds Above $2,470):

Entry: Above $2,490

Targets: $2,530, $2,580, $2,640

Stop-Loss: $2,460

๐Ÿ”น Bearish Scenario (If ETH Drops Below $2,460):

Entry: Below $2,460

Targets: $2,420, $2,375, $2,300

Stop-Loss: $2,490

๐Ÿ” What to Watch

โœ… Strong volume near $2,480 indicates buyers defending key support

โœ… MACD confirms bullish bias, but RSI is nearing overbought zone

โš ๏ธ A rejection at $2,530 without strong follow-through could lead to a pullback

๐Ÿ’ก Pro Tip:

Watch for a clear breakout above $2,530 with volumeโ€”this could trigger a move toward $2,600+. If rejected, consider a tight stop to protect capital.

๐Ÿ“ข Are you riding the $ETH momentum or waiting for a dip?

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