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$ETH /USDT – Ethereum Surges +6.57%! Breakout Confirmed or Fakeout Ahead? 🔥
$ETH just powered through resistance to hit $2,619.28, showing impressive momentum. Is this the start of a new rally—or a bull trap? Let’s break it down. 👇
📊 Market Overview
📍 Current Price: $2,565.90
📈 24h High: $2,619.28
❄️ 24h Low: $2,373.00
📦 24h Volume (ETH): 653,662.51
💰 24h Volume (USDT): $1.65B
📉 Technical Snapshot:
EMA Crossover: Bullish confirmation
Bollinger Bands: Price testing upper band – breakout zone
MACD: Rising fast – bullish momentum accelerating
📈
$ETH Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If $ethHolds Above $2,540):
Entry: Above $2,570
Targets: $2,620, $2,685, $2,750+
Stop-Loss: $2,510
🔹 Bearish Scenario (If $ethFalls Below $2,510):
Entry: Below $2,510
Targets: $2,450, $2,390, $2,330
Stop-Loss: $2,570
🔍 Ethereum Trading Insights
✅ Strong volume + breakout above $2,540 = bullish confidence
✅ MACD and EMA show clear upward bias
⚠️ If rejected from $2,620, expect consolidation before next leg up
💡 Pro Tip:
Watch for a clean retest of $2,565 with strong volume. If it holds, bulls could push ETH above $2,700 this week. 🚀
📢 Are you long on ETH or waiting for the dip? Drop your take below!
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