$ETH /USDT: Bullish Breakout!

Ethereum continues its ascent after bouncing from the support zone at 1,780 US dollars, and is now approaching the main resistance level at 1,820 US dollars. A break above this level could pave the way for further gains.

Trading setups:

Long entry: 1,815 US dollars - 1,820 US dollars

Take profit targets: 1,830 US dollars / 1,840 US dollars

Stop loss: 1,800 US dollars

Forecasts:

Ethereum is seeing an increase on the hourly chart. If it surpasses the level of 1,820 US dollars, it is expected to continue rising. Proper risk management is essential as volatility continues to increase.