🚀 $ETH /USDT – Breakout Reversal Igniting!
Current Price: $2,544.01 (+1.14%)
📊 Setup Overview:
Ethereum just executed a sharp recovery after sweeping the lows, reclaiming the $2,538 level—now acting as a breakout trigger. Momentum is shifting bullish on lower timeframes, with the 15M chart showing a clean breakout structure forming.
🔑 Key Technical Levels:
Support Zone: $2,518 – $2,537 → Recently defended by buyers
Breakout Level: $2,538 → Confirmation of reversal strength
Resistance Levels: $2,580, $2,620, $2,656 → Each target aligned with prior structure tops
Stop Loss: $2,450 → Well below structure to reduce risk of early wick-outs
🎯 Long Trade Setup:
Entry: $2,536 – $2,538
TP1: $2,580 → First resistance
TP2: $2,620 → Trend continuation zone
TP3: $2,656 → Final target before macro resistance
SL: $2,450 → To manage downside risk
📌 Strategy Insight:
This is a high-R:R breakout setup from a liquidity reclaim. The move above $2,538 with momentum could trigger a wave of stop-runs to the upside. Look for increased volume and a bullish retest before scaling in heavy.