BOOOOOOOOOOOOOOOOOOOMMMMMđĽđĽđĽ INCLUDE $ETH IN YOUR PORTFOLIO NOW, AND YOU'LL THANK YOURSELF IN THE FUTUREâCould ETH hit $2,900 if the bullish sentiment prevailsâWill ETH sustain its current rally or face a pullback toward $2,800â $ETH /USDT: Breaking Resistance with Strong Momentum â What's Nextâ#Ethereum is trading at $2,847.70, up 3.22% in the last 24 hours. The price has reached a high of $2,856.21, showing bullish momentum as it attempts to break through critical levels.
Key Levels to Watch
Resistance: $2,860 â A breakout here could lead ETH toward $2,900 and $2,950, with increased buying pressure.
Support: $2,800 â A dip below this level could test $2,750 or lower, marking a potential retracement.
Trade Setup
1. Long Entry: Look for confirmation above $2,860 with targets at $2,900 and $2,950. Place a stop loss at $2,820.
2. Short Entry: If ETH rejects $2,860, consider entering below $2,830 with targets at $2,800 and $2,750. Stop loss above $2,870.
Market Sentiment
ETH is showing a bullish trajectory with positive MACD divergence. However, traders should remain cautious as RSI approaches overbought levels, suggesting possible profit-taking.