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Buy Signal
Bullish Breakout - Ethereum Quickly Targets New Peaks ⚡
Ethereum has launched with a strong bullish breakout, breaching multiple resistance areas with strong momentum on the hourly chart. Buyers are aggressively pushing the price up, and it is expected to continue towards higher targets if the current support holds.
🔹 Trading Setup
Entry Zone: 2,570 - 2,600
Take Profit: 2,660 / 2,710+
Stop Loss: 2,540
🔹 Market Outlook: Ethereum is showing a clear vertical breakout with an increase in trading volume and bullish dominance. As long as the price remains above the support area of 2,540-2,570, it is likely to reach the level of 2,700+ strongly in the upcoming sessions.
⚠️ Risk Management: Stick to your risk plan, avoid large volume trades, and always trade with a disciplined stop loss.