$ETH
USDT BULLISH BREAKOUT – STRONG MOMENTUM SURGE ABOVE RESISTANCE
Ethereum has just broken out with a powerful bullish candle, indicating strong buyer momentum. The current price is $2657.30, surging by +3.22%, and it is testing key resistance zones with force.
🔑 Key Levels:
Support: $2557 (24h low), strong base formed here
Resistance: $2662 (24h high), breakout seen above this with next visible resistance near $2700
📈 Trade Setup (Long):
Entry: $2650 – $2660 (on slight pullbacks)
Targets (TP):
TP1: $2680
TP2: $2700
TP3: $2725
Stop Loss (SL): $2610 (below recent structure)
📝 Market Outlook: ETHUSDT is showing bullish momentum on the 30m timeframe with consecutive green candles breaking recent highs. If this breakout sustains above $2660, we can expect rapid moves towards the $2700 psychological level. Watch for any rejection wicks near $2680 as potential scalping exits.
⚠️ Risk Management: Always trade with 1-2% risk per trade and move stop-loss to breakeven once TP1 is achieved to secure capital.
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