$ETH

- Potential for a bullish breakout, and buy option is active

The price of Ethereum has sharply rebounded from its recent lows, breaking the short-term downtrend and stabilizing at the support level near 4,257. The price is holding above this level, indicating strength and the possibility of another upward wave towards the main resistance level at 4,430. Continued movement above 4,313 may accelerate the momentum.

Trading setup:

Buy above 4,257,

Take profit: 4,313 / 4,430,

Stop loss: 4,210.