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🚀 #Ethereum ($ETH ) Market Update & Trading Signals – ETH/USDT 📈

🔹 Current Price: $1,909.31 (+0.52%)
🔹 24H High: $1,952.40 | 24H Low: $1,879.98
🔹 Volume: 652.66M USDT (340,550 ETH)
🔹 Timeframe: 1H Chart

📊 Market Overview:

Ethereum is currently trading around $1,909, showing a slight bullish momentum after a recent dip. The price is consolidating between $1,900 - $1,940, facing resistance near $1,920 - $1,930 while holding strong support at $1,900.

The candlestick patterns indicate short-term buying pressure, but the overall market remains range-bound with potential breakout signals.

📢 Trading Signals & Strategy

📌 Resistance Levels:
🔴 $1,920 - $1,930 (Immediate resistance)
🔴 $1,950 - $1,960 (Key breakout zone)

📌 Support Levels:
🟢 $1,900 - $1,905 (Critical support)
🟢 $1,880 - $1,885 (Major demand zone)

🔹 Bullish Scenario (Long Entry):

✅ Entry: Above $1,920 (confirmation with volume)
🎯 Target 1: $1,940
🎯 Target 2: $1,950 - $1,960
🛑 Stop Loss: Below $1,900

📈 Confirmation Needed:
✔️ Break above $1,920 with strong volume
✔️ RSI above 50 (Bullish Momentum)

🔻 Bearish Scenario (Short Entry):

✅ Entry: Below $1,900 (breakdown with volume)
🎯 Target 1: $1,885
🎯 Target 2: $1,870 - $1,860
🛑 Stop Loss: Above $1,920

📉 Confirmation Needed:
✔️ Break below $1,900 with high selling pressure
✔️ MACD crossover bearish

📌 Indicators Analysis:

🔹 RSI: Neutral (~50), indicating no extreme overbought/oversold conditions.
🔹 MACD: Close to a crossover, waiting for confirmation.
🔹 Volume: Increasing slightly, suggesting potential movement soon.

💡 Conclusion & Strategy:

Ethereum is currently consolidating within a range. A breakout above $1,920 could trigger a bullish move, while a breakdown below $1,900 might push ETH towards $1,885 - $1,860.

📍 Traders should wait for confirmation before entering trades. Monitor volume and RSI for stronger signals!

#TWIN_TULIPS #Write2Earn #eth