#MarketRebound Ethereum has surged past key resistance and is now consolidating just above the $1,700 level, signaling strong bullish momentum. This breakout follows a powerful rally from below $1,620, with the price now forming a bullish flag/pennant structure on the 30-min chart – a classic sign of continuation to the upside.

Trade Setup (LONG):

• Entry Zone: $1,700 – $1,703

• Take Profit (TP): $1,793

• Stop Loss (SL): $1,661

Market Outlook:

With volume backing the breakout and price action holding above demand zones, bulls have control. A push above $1,710 will likely accelerate toward $1,750+, with $1,793 in sight as a solid target. This setup remains valid unless price falls below the demand zone and $1,661 SL area.