#Write2Earn
The 4-hour ETH/USDT chart shows a clear recovery trend after a sharp drop to around $1,385.05 on April 8, 2025. Since then, the price has been steadily climbing with higher lows and higher highs, indicating a bullish trend. The volume spike and breakout above the resistance around $1,608 further confirm the bullish momentum.
Entry Point: A good entry was at the breakout level of $1,608.11, supported by increasing volume and bullish candles.
Current Price: $1,780.38
Maximum Profit: If bought at $1,608, the potential gain is $172.38 or approximately 10.7%.
Reasoning: The price is near recent highs with resistance at around $1,859.75, making it a potential short-term target. Entering near the breakout level after confirmation allows for minimal risk with clear upside potential toward that resistance zone. Always manage risk with stop-losses, ideally just below breakout levels.