🚀 Ethereum (ETH) Trading Insights 🚀
Analyzing the latest ETH/USDT chart, we see Ethereum currently trading at $2,443.90. The support level is firmly set at $2,400, while the resistance level is at $2,465. The Moving Averages (MA7 and MA25) indicate a bullish trend, with the price hovering above these averages. The Bollinger Bands suggest a potential breakout, and the MACD histogram supports a bullish momentum.
Entry Strategy Consider entering a long position if ETH breaks above the $2,465 resistance with strong volume. Set a stop-loss just below the $2,400 support to manage risk. Target the next resistance at $2,500 and beyond for potential gains.
Stay tuned and trade smart! 📈💰
