$ETH

📊 $ETH /USDT: Are we preparing for a breakout? 🚀

On April 25, 2025, the price of ETH/USDT on TradingView is 1764.15 USDT (+1.68% over 24h). Ethereum has broken the upper boundary of the descending channel on the 12H timeframe, signaling a short-term bullish impulse! 📈 Key support level is 1750-1830 USDT, resistance is 2000-2100 USDT.

🔥 Why is it interesting now?

Expectations around the Pectra upgrade (May 7) are heating up the market. Historically, Ethereum upgrades (Merge, Shanghai) have pushed the price upwards.

RSI shows a neutral signal, but MACD hints at weakening bearish pressure.

Volumes are increasing, confirming accumulation.

⚠️ Risks:

A drop below 1750 USDT could send the price to 1600 USDT.

Volatility due to news about Trump's tariffs and the Bybit hack ($1.5B) is still a concern.

🎯 Plan: Catch a bounce from 1750 USDT aiming for 1950-2000 USDT. Stop-loss at 1720 USDT. Keep an eye on news and volumes!