$ETH /USDT BULLISH SURGE — ETHEREUM EYES A CLEAN BREAK ABOVE $4,200 RESISTANCE 🚀
Market Analysis:
Ethereum ($ETH) is showing strong upward momentum, currently trading near $4,163, after a powerful 5.4% surge. The price is consolidating just below its $4,180 resistance level, supported by bullish EMA alignment and rising MACD strength. Bollinger Bands are widening, indicating volatility expansion and potential for a breakout. If ETH closes above $4,200, it could ignite another wave of bullish continuation toward higher resistance zones.
Trade Setup (Long Entry):
Entry: $4,150 – $4,180
Targets (TP):
TP1: $4,250
TP2: $4,350
TP3: $4,500
Stop Loss (SL): $4,030
Market Outlook:
Ethereum remains in a healthy uptrend, fueled by market-wide bullish sentiment and strong Layer-1 momentum. As long as it holds above the $4,000–$4,050 support region, the bias stays bullish. A decisive breakout above $4,200 could confirm continuation toward $4,500, with buyers likely to stay in control in the short term.
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