Ethereum/Tether looks to resistance after a +3.74% push! Is $2,700 next?
Ethereum is on the move again, currently trading at $2,641.29, up +3.74% in the last 4-hour session. After bouncing off a low of $2,436, Ethereum is now trading above all major moving averages — a strong signal for the bullish trend!
Technical Analysis:
• Highest price in 24 hours: $2,657.90
• Lowest price in 24 hours: $2,492.00
• MA(7): 2,595.98
• MA(25): 2,562.12
• MA(99): 2,583.82
Trading Plan:
Entry Zone: 2,620 – 2,645
TP1: 2,700
TP2: 2,804
TP3: 2,879
SL: 2,560
Ethereum shows strong structure and momentum. A push above $2,700 could confirm a breakout move towards the $2,800 area!