š $ETH /USDT ā Eyeing a Break Above Key Resistance š
Ethereum is trading at $4,638, up +2.02% on the day, with bullish momentum building. Price is approaching the $4,650ā$4,700 resistance zone, a crucial barrier for the next leg higher.
š Long Setup:
Entry Zone: $4,620 ā $4,640
Target 1: $4,700
Target 2: $4,800
Stop Loss: $4,580
š Short Setup:
Entry Zone: $4,690 ā $4,720 (if rejection occurs)
Target 1: $4,620
Target 2: $4,550
Stop Loss: $4,750
A strong breakout above $4,700 could send ETH toward $4,900ā$5,000, while failure to hold $4,600 may trigger a quick pullback.