Current Price: $2,538.67 (+1.14%)
Ethereum is showing signs of a powerful bullish reversal, and all eyes should be on this developing move. Here's my detailed analysis and trade plan based on current market structure and price action
---
🔍 Market Structure Insight:
Ethereum has successfully reclaimed a critical support zone after a well-defined liquidity sweep — a classic setup signaling strength from demand. We're now witnessing a bullish market structure shift on the 15-minute timeframe, with increasing momentum backing the breakout.
The price is attempting to push above short-term resistance, and a confirmed break could ignite the next leg up.
---
📈 Key Technical Levels:
Support Zone: $2,518 – $2,537
Breakout Level: $2,538
Stop Loss: $2,450
Target Resistance: $2,656
---
🎯 Trade Setup (Breakout Play):
Entry Zone: $2,536 – $2,538 (confirmation-based entry)
Stop Loss: $2,450
Take Profits:
TP1: $2,580
TP2: $2,620
TP3: $2,656
---
💡 Pro Tip:
Wait for a strong 15-minute candle close above $2,540 with momentum. This acts as confirmation of bullish strength. Once in the trade, scale out profits at each target level and trail your stop-loss to protect gains.
---
📢 Final Thoughts:
Ethereum is showing real potential for a bullish continuation after reclaiming demand. If momentum holds, this could be a clean breakout opportunity with solid R:R. Stay alert and manage your position actively — $ETH may be gearing up for a move toward $2,656 and beyond.