$ETH
/ - Strong Ascending Chances After Recent Bounce
The price of $ETH is currently trading at $2,848.31 (+4.10%), maintaining its upward momentum as it stays above the key support level of $2,750. With a 24-hour trading volume of $2.45 billion from USDT, the price movement indicates strong buying interest. The recent high of $2,856.68 is close, but a real breakout depends on surpassing this resistance level in the near term.
Entry Zone: Wait for confirmed movement above $2,860
Target 1: $2,900
Target 2: $2,960
Stop Loss: $2,720
Professional Advice:
ETH has shown solid strength in the $2,750-$2,800 range. A breakout above $2,860 may confirm the next upward trend. Pay attention to rising trading volumes, as they often precede significant price movements.