$ETH BULLISH TREND CONTINUES – LONG SETUP WITH ROOM TO RUN
Ethereum (ETH) is currently trading at $2,620.15 (+4.02%), showing strong bullish continuation after bouncing from the recent low of $2,492.00. The upward momentum is backed by increasing volume, and ETH is approaching key resistance zones with eyes on $2,700+.
🔍 KEY LEVELS:
Resistance Zones:
$2,638.50 (24h high / immediate resistance)
$2,700.00 (psychological & technical resistance)
$2,800.00 (bullish breakout target)
$2,900.00 (major zone before ATH trajectory resumes)
Support Zones:
$2,580.00 (short-term support)
$2,500.00 (strong support zone)
$2,492.00 (24h low – trend-defending level)
Current Price: $2,620.15
📈 TRADE SETUP (LONG):
Entry Zone: $2,600–$2,620 (on slight pullback or continuation breakout)
Targets (TP):
TP1: $2,700
TP2: $2,800
TP3: $2,900
Stop-Loss (SL): $2,500 (below key support and trendline)
🛡️ RISK MANAGEMENT:
Limit risk to 1–2% of portfolio, and adjust SL as price progresses. Watch for volume confirmation above $2,638 for stronger bullish continuation.
🚀 SUMMARY:
$ETH is in bullish continuation mode, having recovered with strength from the $2,492 low. A breakout above $2,638.50 could trigger a fast move toward $2,800–$2,900. Great long opportunity for swing traders — buy the breakout or dip with discipline.
Stay focused. The bull case is alive. 🐂🔥
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