🚀 Ethereum Shows Strong Bullish Momentum
Ethereum ($ETH ) is trading at $4,773.74, up 1.18% for the day after bouncing from recent lows. The price is approaching the $4,800 resistance zone and continues to hold a bullish structure on the monthly chart.
• 24h Range: $4,690.72 – $4,817.40
• Recent Move: +63% since the last correction
Market Insight:
Buyers are in control, with rising volume supporting the upward trend. This indicates a potential continuation toward higher levels.
Spot Trade Plan:
• Entry Zone: $4,700 – $4,760
• Take Profits:
• TP1: $4,850
• TP2: $4,950
• TP3: $5,050
• TP4: $5,200
• Stop Loss: $4,600
Advice:
Ethereum’s upward momentum may persist if it stays above $4,700. Use modest targets and protect gains with a stop loss.