🚀 $ETH /USDT Trading Signal – Testing the $2,300 Barrier!
Current Price: $2,295.90 (+3.67%)
24H High: $2,319.99 | 24H Low: $2,227.09
Volume: 1.57B – Strong market participation
📊 Technical Overview Recent Upswing: ETH pushed toward $2,320 before a slight pullback. Support Zone: $2,275 - $2,285 (potential bounce area if price dips). Resistance Zone: $2,320 - $2,330 (24H high & psychological barrier). Short-Term Trend: Still bullish, but needs a break above $2,320 for further upside. 📈 Potential Trade Setups
Pullback Entry
Buy Zone: $2,280 - $2,290 Rationale: If ETH dips to this support range, it may offer a favorable risk/reward for a bounce back toward $2,320+.
Breakout Entry
Trigger: Above $2,320 with strong volume Rationale: A decisive move past $2,320 could pave the way for $2,350+ targets. 💡 Risk Management Stop-Loss: $2,260 (below key support to guard against deeper retraces). Take-Profit Targets: $2,340 - $2,350 (Immediate upside) $2,380+ (If bullish momentum continues)
⚠️ Final Thoughts:
ETH is maintaining a bullish stance above $2,280. A pullback near $2,290 could be a good entry, while a break above $2,320 signals further upside. Always set a stop-loss to manage risk in case of sudden volatility!