๐จ $ETH
/USDT โ Ethereum Surges +6.57%! Breakout Confirmed or Fakeout Ahead? ๐ฅ
$ETH just powered through resistance to hit $2,619.28, showing impressive momentum. Is this the start of a new rallyโor a bull trap? Letโs break it down. ๐
๐ Market Overview
๐ Current Price: $2,565.90
๐ 24h High: $2,619.28
โ๏ธ 24h Low: $2,373.00
๐ฆ 24h Volume (ETH): 653,662.51
๐ฐ 24h Volume (USDT): $1.65B
๐ Technical Snapshot:
EMA Crossover: Bullish confirmation
Bollinger Bands: Price testing upper band โ breakout zone
MACD: Rising fast โ bullish momentum accelerating
๐ $ETH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $ethHolds Above $2,540):
Entry: Above $2,570
Targets: $2,620, $2,685, $2,750+
Stop-Loss: $2,510
๐น Bearish Scenario (If $ethFalls Below $2,510):
Entry: Below $2,510
Targets: $2,450, $2,390, $2,330
Stop-Loss: $2,570
๐ Ethereum Trading Insights
โ Strong volume + breakout above $2,540 = bullish confidence
โ MACD and EMA show clear upward bias
โ ๏ธ If rejected from $2,620, expect consolidation before next leg up
๐ก Pro Tip:
Watch for a clean retest of $2,565 with strong volume. If it holds, bulls could push ETH above $2,700 this week. ๐
๐ข Are you long on ETH or waiting for the dip? Drop your take below!
๐ฅ LIKE & SHARE if you want more high-conviction signals like this! ๐ฏ
#TrumpVsMusk #BinanceTGEAlayaAI #USJobsSlump #EthereumFuture #NODEBinanceTGE