⚙️ ETH/USDC: Bullish Flag or Exhaustion?
Ethereum pushed up from $2,504.10 to $2,569.53, showing a strong breakout. Now, the price is consolidating with lower volume while sitting around the 7 EMA ($2,551.16). It’s still above the 25 EMA ($2,532.63), keeping the bullish bias valid.
🔍 If ETH holds above $2,540, a breakout continuation is likely. If it drops below $2,530, caution is warranted.
📊 Trade Setup
Entry Zone: $2,540 – $2,552
Take Profit 1: $2,570
Take Profit 2: $2,595
Take Profit 3: $2,620
Stop Loss: $2,524