Ethereum (ETH/USDT) Trade Setup ๐
๐น Entry Range: $2,674 โ $2,680
๐น First Target: $2,724
๐น Second Target: $2,760
๐น Stop Loss: $2,644
Market Outlook & Price Action
Ethereum is displaying resilience as it rebounds from a critical support level, indicating growing buyer interest. The asset has faced multiple rejections, but a decisive break above $2,680 could unlock further upside potential and fuel a bullish trend.
Key Trading Insights
๐ Breakout Confirmation: A successful breach of the $2,680 resistance level with strong volume could signal a continuation toward higher price targets.
๐ Risk Management: Traders should monitor price reactions near $2,724, as this level could serve as a temporary resistance before the next leg up.
Pro Tip for Traders
Before securing profits, observe how ETH reacts around $2,724โif rejection signs appear, partial profit-taking might be a smart move before the next breakout attempt.
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