Ethereum ($ETH /USDT) Trading Analysis – Buy Opportunity with Key Levels

Ethereum ($ETH ) has shown a positive recovery from its recent low of $2,658.10, currently trading at $2,681.48, marking a +2.21% increase. The 24-hour high and low stand at $2,795.45 and $2,546.92, respectively, indicating a volatile yet promising market structure.

Trade Signal – Potential Buy Setup

With ETH bouncing from key support, traders can consider a buy entry around $2,675 - $2,685, targeting the following profit levels:

✅ Target 1: $2,718

✅ Target 2: $2,740

✅ Target 3: $2,795

Stop-Loss (SL): $2,645

A stop-loss below recent support minimizes risk and ensures disciplined trading.

Market Outlook

The volume has been increasing, with MA(5) at 4,094 and MA(10) at 4,704, suggesting bullish momentum is building. If ETH sustains above $2,675, further upside movement is likely. However, if it breaks below $2,645, caution is advised, and traders should wait for a more favorable entry.

Final Thoughts

The trend suggests a short-term bullish opportunity for intraday and swing traders. Keep an eye on key resistance levels and manage risk effectively. Happy trading!

#BNBChainMeme #CryptoLovePoems #TraderProfile #zkLendCryptoHeist #Write2Earn! $ETH