$ETH BULLISH MOMENTUM BUILDING – TARGETING $2,700+
Ethereum (ETH) is showing solid strength, trading at $2,605.31 (+3.49%), after bouncing off the $2,492 low and pushing toward key resistance levels. With a strong base forming and volume expanding, ETH appears poised for a continuation toward the $2,700–$2,800 zone.
🔍 KEY LEVELS TO WATCH:
Resistance Levels:
$2,638.50 (24h high / immediate resistance)
$2,700.00 (psychological level)
$2,800.00 (next breakout target)
$2,900.00 (bullish extension zone)
Support Levels:
$2,550.00 (recent consolidation floor)
$2,492.00 (24h low / key support)
$2,400.00 (major support on breakdown)
Volume Outlook:
ETH Volume: 471.7K, well above average
USDT Volume: 1.21B, indicating strong market participation
Volume SMA (500K): ETH is trending near key liquidity
📈 TRADE SETUP – LONG BIAS:
Entry Zone: $2,590–$2,610 (buy on dips or breakout confirmation)
Take Profit Targets:
TP1: $2,700
TP2: $2,800
TP3: $2,900
Stop-Loss: $2,490 (below recent low and structure support)
🛡️ RISK MANAGEMENT:
Risk only 1–2% of capital, as ETH can experience sharp retracements. Secure partial profits near each TP and adjust SL upward.
🚀 SUMMARY:
$ETH/USDT is displaying bullish continuation potential, with rising volume and a clean bounce from support. If ETH clears $2,638–$2,700, a push toward $2,800–$2,900 is likely. Favor long setups while support holds.
Ethereum's bulls are back in control – eyes on $2,800! 🔥📈
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