🚨$ETH /USDT – Reclaiming Momentum with Sharp Spike Above $1,600! 📈
Ethereum is trading at $1,600.91, up +1.08%, after a strong breakout touched the 24H high of $1,613.48. The current move shows bullish intent with a healthy pullback forming higher lows and maintaining strength above the $1,590 level.
Long Trade Setup:
Entry Zone: $1,595 – $1,605
Target 1: $1,620
Target 2: $1,645
Final Target: $1,680
Stop Loss: $1,575
Short Trade Setup (If Price Rejects at High Again):
Entry Zone: $1,610 – $1,615
Target 1: $1,590
Target 2: $1,575
Final Target: $1,555
Stop Loss: $1,625
Pro Tip: Watch the reaction near $1,615. If a strong wick forms without volume, short pullback likely. Otherwise, breakout continuation looks strong.
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