Ethereum is breaking above the 4,750 resistance zone, signaling bullish momentum after a steady climb from the 4,640 support base. If the breakout sustains, the next major upside target sits near 4,898, with strong buyer interest expected to hold above 4,720. Immediate support lies at 4,690, acting as our invalidation level.
Trade Setup:
Entry Point: 4,750 – $4,760
Stop Loss: 4,690
Take Profit: 4,898
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
ETH is gearing up for a continuation rally with bulls targeting the 4,900 area. Holding above 4,720 keeps the breakout structure intact and favors a push higher. 🚀📈