Trade Signal: $ETH Market Outlook (30min Chart)
Ethereum has shown strong bullish momentum, surging +13.17% to $1,787.75. The recent breakout above $1,650 with solid volume indicates a potential continuation of trend. Price hit a local high at $1,818.18 before minor consolidation.
Long Entry:
Enter on a breakout above $1,800 with strong volume.
Target: $1,832 and $1,860.
Stop-loss: Below $1,770 (previous support zone).
Short Entry:
Consider short if ETH fails to hold $1,770 and breaks below $1,750.
Target: $1,700 then $1,646 support (25 MA).
Stop-loss: Above $1,800 to avoid short squeeze.
MACD and volume spikes support momentum, but RSI overextension suggests caution. Watch closely for volume confirmation before entering either side.#
CryptoMarketCapBackTo$3T#MarketRebound