$ETH TESTING RESISTANCE – CAN IT BREAK THROUGH $2,692?
ETH/USDT is trading at $2,670.42, up +4.73% on the day. After reclaiming strength from the $2,452 low, Ethereum is now pressing against a critical resistance near $2,680 with solid volume at 1.73K, indicating strong market interest.
Key Levels to Watch
• Resistance: $2,692 – A breakout above this zone could open the way to $2,740 and $2,790.
• Support: $2,663 – A drop below this could drag ETH back toward $2,620 and $2,580.
Trade Setup – Big Move Likely Upon Confirmation
Bullish Entry: A confirmed 15-min candle close above $2,692 may target:
• TP1: $2,740
• TP2: $2,790
Bearish Entry: A break below $2,663 could trigger:
• TP1: $2,620
• TP2: $2,580
Stop-Loss:
• Longs: Below $2,658
• Shorts: Above $2,695