$ETH ๐Ÿš€ ๐Ÿ”ฅ ๐Ÿ’ช STRONG BULLISH SIGNS ๐Ÿ”ฅ

๐Ÿง  Ethereum (ETH) โ€” Short-Term Strategy & Technical Overview

๐ŸŸฉ Market Snapshot:

Current Price: $2,778.89 USDT

24h Volume: $2.04 Billion

Trend: Recovering with bullish pressure building

24h Change: Mild upward movement (~+1.5%)

---

๐Ÿ“Š Technical Analysis

โœ… Support Levels:

$2,720 โ€“ Minor support from EMA-50 (1H & 4H)

$2,640 โ€“ Strong horizontal support, previous resistance flip

๐Ÿšซ Resistance Levels:

$2,820โ€“$2,850 โ€“ Short-term resistance zone

$2,920โ€“$2,950 โ€“ Major resistance and prior local top

๐Ÿ”Ž Indicators:

RSI (1H & 4H): 58โ€“61 โ†’ Neutral-Bullish (room to run)

MACD: Bullish crossover on 4H; momentum strengthening

Volume: Consistent; higher than 7-day average

Bollinger Bands: Tightening โ€” breakout likely ahead

---

๐ŸŽฏ Short-Term Trading Strategy

โฑ Scalping (15min โ€“ 1hr):

Entry: $2,750โ€“2,770

TP1: $2,820

TP2: $2,850

SL: Below $2,720

Leverage: 3xโ€“5x max (if using futures)

๐Ÿ“… Intraday/Swing Setup (1โ€“2 Days):

Bullish Confirmation: Close above $2,850 with volume

TP1: $2,920

TP2: $2,980โ€“3,000

SL: $2,700

Setup: Ideal for breakout traders looking for $3K psychological resistance test

---

๐ŸŒ Market Sentiment

Funding Rate: Slightly positive (mild long interest)

On-chain: Whale accumulation seen in the $2.6Kโ€“2.7K range

Narrative: ETH strength is tied to optimism over L2 growth and Ethereum ETF tailwinds

Risk Assessment

Resistance Clusters: $2,850โ€“$3,000 is historically sticky

Macro Uncertainty: Any regulatory shocks or macro FUD (like rate hikes) can reverse momentum

Volatility: Weekend trading and low liquidity can amplify sudden moves

Overbought Signals: If RSI pushes above 70 on the 4H, monitor for pullback

---

๐Ÿ›‘ Disclaimer

This content is for educational and informational purposes only. It is not financial advice. Crypto markets are highly volatile and involve substantial risk. Always DYOR (Do Your Own Research) and consider your risk appetite before trading.

#BTCBreaksATH #Share_or_Quote_This_Post