Ethereum ($ETH ) is steadily gaining momentum, reclaiming the $2,600 level after a period of sideways action. The 15-minute chart reveals strong bullish signals, with $ETH rebounding from a solid support zone at $2,480–$2,500 and forming a potential reversal pattern. Now, the stage is set for a possible breakout toward $2,770 as buyers take control of the short-term trend.
Ethereum’s Bullish Setup – Key Levels to Watch
1️⃣ $2,600 Reclaimed: Bulls Back in Charge
After consolidating for days, ETH has decisively regained $2,600, signaling renewed strength. The bounce from the $2,480–$2,500 support zone confirms strong buyer interest, and with rising volume and consecutive green candles, the momentum favors further upside.
2️⃣ Breakout Zone: $2,580–$2,600 Flips to Support
The critical resistance zone at $2,580–$2,600 has now turned into support. If ETH holds above this level, the next target is $2,770—a major resistance and psychological hurdle. A clean breakout could propel ETH toward $2,800 and beyond.
3️⃣ Trade Opportunity: High Reward, Tight Risk
For traders, this setup offers a compelling risk-reward scenario:
- Entry: $2,590–$2,605
- Take Profit: $2,770
- Stop Loss: $2,547
- Bias: Bullish
4️⃣ Final Thoughts – ETH Primed for a Run?
Ethereum’s steady climb suggests more than just a temporary bounce. If Bitcoin remains stable and market sentiment holds, ETH could spearhead the next altcoin rally. Watch $2,640—a confirmed break above this level may accelerate the uptrend.
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