$ETH /USDT Technical Outlook – Summary in Key Points
Breakout Confirmed: ETH broke out strongly from $2,503 to $2,542 with high momentum on the 15-min chart.
Trend Shift: Price has reversed from a local downtrend and formed a bullish structure with consecutive green candles.
Support Established: $2,527 is now the key short-term support; holding above it confirms the breakout's strength.
Volume Surge: Spike in volume supports the breakout, suggesting strong buyer interest.
Long Trade Setup:
Entry Zone: $2,530–$2,527 (on pullback)
Stop Loss: Below $2,518
Trend Bias: Bullish short-term momentum
Targets:
Target 1: $2,558
Target 2: $2,574
Target 3: $2,590
Price action remains bullish unless ETH breaks below $2,518.
