$ETH /USDT BULLISH BREAKOUT – ETHEREUM EYES $2800+ AFTER STRONG SURGE!
#Ethereum is showing strong bullish momentum, currently trading around $2,656, up 4.29% on the day. The price action has successfully broken through key resistance levels, hinting at a continuation towards higher targets.
📊 Key Levels:
Support: $2,615 – $2,580 – $2,550
Resistance: $2,700 – $2,740 – $2,800
Current Price: $2,656
📈 Trade Setup (LONG):
Entry Zone: $2,645 – $2,660
Take Profit Targets (TP): $2,700 → $2,740 → $2,800
Stop Loss (SL): $2,610
📉 Market Outlook:
ETH is riding strong buyer momentum, reclaiming levels above the 200 EMA on the lower timeframes. If volume sustains and BTC remains stable, Ethereum may attempt a push towards $2,800 in the short term. However, a rejection from $2,740 may lead to consolidation or mild pullback near support.
⚠ Risk Management:
Use tight SLs, don’t over-leverage, and risk only 1-2% of your capital per trade.