๐Ÿšจ $ETH

/USDT โ€“ Major Rally Underway? +4.12% and Gaining Momentum! ๐Ÿš€

Ethereum ($ETH) is showing strong bullish signs with a breakout above key resistance levels and surging volume. Is this the next leg up, or should traders prepare for resistance? Letโ€™s break it down!

๐Ÿ“Š Market Overview

๐Ÿ“ Current Price: $2,642.63

๐Ÿ“ˆ 24h High: $2,657.90

โ„๏ธ 24h Low: $2,492.00

๐Ÿ“ฆ 24h Volume (ETH): 536,055.85

๐Ÿ’ฐ 24h Volume (USDT): $1.39B

๐Ÿ“‰ Technical Snapshot:

EMA Trend: Bullish crossover โ€“ price holding above moving averages

Bollinger Bands: Riding the upper band โ€“ momentum intact

Volume: Surging, validating price movement

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

๐Ÿ”น Bullish Scenario (If $ethHolds Above $2,600):

Entry: Above $2,645

Targets: $2,700, $2,750, $2,850

Stop-Loss: $2,590

๐Ÿ”น Bearish Scenario (If $ethFalls Below $2,590):

Entry: Below $2,590

Targets: $2,540, $2,480, $2,400

Stop-Loss: $2,645

๐Ÿ” Ethereum Insights

โœ… Strong volume confirms rally strength

โœ… Above key EMAs and mid-Bollinger โ€“ short-term momentum bullish

โš ๏ธ Watch for potential rejection near $2,700 resistance zone

๐Ÿ’ก Pro Tip:

Look for a clean retest of the $2,640โ€“$2,650 zone. If held with volume, ETH could make a sharp move toward $2,800+.

๐Ÿ“ข Whatโ€™s your strategy on ETHโ€”buying the breakout or waiting for a dip? Letโ€™s discuss!

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