📉$ETH /USDT BULLS READY FOR TAKEOFF - STRONG ASCENDING SETUP📈
Ethereum (ETH/USDT) is forming a bullish structure after bouncing cleanly from support around $1,541. Price is consolidating in an ascending channel and preparing to break higher. A strong push above the immediate resistance will likely ignite a sharp rally towards the next major supply zone.
Trade Setup:
Long Entry: 1,568.65
Take Profit (TP): 1,638.17
Stop Loss (SL): 1,535.86
Outlook:
The market structure remains bullish as long as $1,541 holds firm. ETH is showing solid momentum with higher lows forming, indicating strong buying pressure. Watch for a clean breakout for further confirmation, but the bias is strongly bullish.
