๐ $ETH /USDT Market Analysis & Trading Plans ๐
Ethereum (ETH) is trading at $4,540, posting a +2.0% gain in the past 24 hours. The price recently touched a high of $4,557 after bouncing strongly from the $4,372 support zone, showing clear bullish momentum. Trading volume remains robust at 1.7B USDT, highlighting strong market activity and institutional interest.
Key Levels to Watch:
Support Zones: $4,370 / $4,270
Resistance Zones: $4,560 / $4,680 / $4,820
ETH is consolidating just below resistance and may be preparing for a breakout. Sustained strength above $4,560 could trigger another leg higher toward $4,680โ$4,820. On the downside, if ETH fails to hold $4,370, a deeper pullback toward $4,270 is possible.
โ Long Plan
Entry Zone: $4,480 โ $4,520
Targets (TP): $4,600 / $4,700 / $4,820
Stop Loss (SL): $4,360
โ ๏ธ Short Plan
Entry Zone: $4,560 โ $4,600 (if rejection near resistance)
Targets (TP): $4,420 / $4,350
Stop Loss (SL): $4,700
๐ Insights: Ethereumโs bullish momentum is intact with higher lows forming, but the resistance at $4,560โ$4,600 will be the real test. A breakout could open the path to retest ATH zones, while rejection may invite short-term profit-taking. Traders should monitor BTCโs movement closely, as it remains the dominant driver for ETH.