$ETH /USDT:
$ETH /USDT BULLISH CONSOLIDATION – EYEING BREAKOUT ABOVE $2,600
Current Price: $2,541.88 (−0.81%)
Timeframe: 4H
Category: Layer 1 | Ethereum
Market Sentiment: Bullish Consolidation with Strong Volume
24H PERFORMANCE:
High: $2,590.57
Low: $2,512.00
Volume: 314,089 ETH | $801.05M USDT
Price holding above key support, volume remains elevated
KEY TECHNICAL LEVELS:
Support: $2,510 (Critical intraday base)
Resistance:
T1: $2,600 (Immediate breakout)
T2: $2,640 (Local high)
T3: $2,700 (Psychological + Fib resistance)
TRADE SETUP – LONG IDEA:
Entry: $2,535 – $2,545 (On confirmation or support bounce)
Stop Loss: $2,490 (Below recent low)
Targets:
T1: $2,600
T2: $2,640
T3: $2,700
RISK MANAGEMENT:
Risk only 1–2% of total capital
Trail SL after T1
Watch for BTC correlation and macro news
📈NOTE: Ethereum is compressing under resistance with steady volume. A strong 4H close above $2,600 could open the path toward $2,700+ in short term.
Need a stylized chart image with this setup (TP/SL zones)? Reply “Yes chart” and I’ll generate it for you!
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