ETHUSDT

Permanent

2662

+7.3%

Sharp rise - ready to break the 2,700 USD level!

Ethereum is experiencing strong bullish momentum, currently trading at 2,649.80 USD after a clear bounce from the support level of 2,452 USD. The recent rise has pushed Ethereum to a new local peak of 2,692.99 USD, and buyers are now consolidating just below the resistance level, looking to break the psychological barrier at 2,700 USD.

Trading Setup:

Long Entry: 2,640 USD - 2,620 USD

Take Profit (TP): 2,720 USD / 2,800 USD

Stop Loss (SL): 2,580 USD

Market Outlook:

The hourly structure remains bullish with consistent higher highs and higher lows. With strong daily gains exceeding 7% and positive momentum over the past week, the price of Ethereum (ETH) appears set for continued upward movement. Closely monitor any trading volume breakout around the 2,700 USD level for the potential continuation of the rise.$ETH