$ETH /USDT Trade Setup
Market Insight:
Ethereum is showing a bullish breakout, gaining +3.31% in the last 24h. Price is pressing against the upper Bollinger Band, suggesting momentum but also nearing short-term resistance. Volume is strong, supporting the move.
🔹 Entry:
Buy Zone: $2,760 – $2,800
(Buy on dips near mid-Bollinger Band for better risk-reward)
🎯 Targets:
Target 1: $2,840 (Recent high, minor resistance)
Target 2: $2,900 (Psychological level & likely breakout continuation)
Target 3: $2,975 – $3,000 (Major resistance & round-number magnet)
🛑 Stop Loss:
Below $2,730
(Just under lower Bollinger Band and prior local low)
📌 Key Levels:
Support: $2,730 / $2,670 / $2,610
Resistance: $2,840 / $2,900 / $2,975
Pivot: $2,784 (Bollinger Middle Band)
💡 Pro Tip:
If ETH breaks and closes above $2,840 on the 4H or daily candle, it could trigger momentum buying. Consider trailing stop after $2,900 for continuation plays.
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