$ETH BULLISH BREAKOUT SETUP – READY TO RETEST $2,700+! 🚀🔥
Ethereum is gaining upward momentum, trading at $2,583.71 (+1.55%), bouncing off the 24h low of $2,524.54 and aiming toward the 24h high of $2,680.34. Bulls are reclaiming key zones, signaling strength for a potential continuation toward major resistance levels.
🔍 KEY LEVELS TO WATCH
Immediate Resistance: $2,680 (24h high – short-term breakout zone)
Major Resistance: $2,800 → $2,900 (psychological + recent supply zone)
Immediate Support: $2,550 (recent bounce zone)
Key Support: $2,500 (bullish invalidation point)
📊 TRADE SETUP (LONG ENTRY)
Entry: On 15m–1h candle close above $2,680 with volume
Take Profit (TP):
TP1: $2,740
TP2: $2,800
TP3: $2,880–$2,900
Stop Loss (SL): $2,495 (below key support)
⚠️ RISK MANAGEMENT
Risk 1–2% of capital per trade
Wait for confirmation of breakout above $2,680
Avoid entries if price weakens below $2,500
Summary: ETH is building bullish pressure with a solid base above $2,550. A breakout above $2,680 could accelerate a move toward $2,800 and beyond. Ideal for momentum traders—watch volume closely for entry confirmation! 💹🔥
Want a 4H trend analysis with RSI/MACD levels? Let me know!
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