Ethereum is moving between support and resistance, giving a good chance for traders. A breakout can bring quick profits if managed with care.
Trend: ETH is also consolidating but showing stronger recovery moves.
Support Zone: Around 2,580 - 2,600 USDT.
Resistance Zone: Around 2,750 - 2,800 USDT.
Indicators: If BTC stays stable, ETH has a good chance of testing resistance.
ETH Trading Plan :
Entry Point (Buy): 2,600 - 2,620 USDT
Stop Loss: 2,540 USDT
Take Profit 1: 2,720 USDT
Take Profit 2: 2,800 - 2,850 USDT (if breakout happens)
Risk Management :
Risk only 2-3% of your trading balance.
If ETH breaks below 2,540, exit quickly.
Once ETH touches 2,720, move stop-loss to entry for a safe trade.$ETH