$ETH Approaching Breakout: Eyes on $2,700
Trade Setup💻
Entry Point: On confirmed breakout above $2,700.
Target: $2,800 – Aligns with previous resistance levels.
Stop-Loss: Below $2,610 to manage downside risk.
Insight: Ethereum's consistent climb and positive indicators suggest a potential breakout. Monitor closely for entry opportunities.
Current Price: $2,675.13
24h Change: +2.44%
Intraday High/Low: $2,721.12 / $2,610.47
Technical Analysis📊
Resistance Level: $2,700 – A breakout above this could signal a strong upward trend.
Support Level: $2,610 – Holding above this consolidates bullish momentum.
Indicators: RSI trending upwards, MACD shows bullish crossover.