๐จ $ETH
/USDT โ Poised for a Breakout or Losing Steam? ๐ฅ
Ethereum ($ETH) is showing renewed strength, trading above key support with strong volume. But can it break past resistance at $2,460, or is a pullback imminent? Letโs analyze!
๐ Market Overview
๐ Current Price: $2,456.13
๐ 24h High: $2,459.20
โ๏ธ 24h Low: $2,420.00
๐ฆ 24h Volume (ETH): 156,085.43
๐ฐ 24h Volume (USDT): $380.62M
๐ Technical Snapshot:
Parabolic SAR: Bullish setup confirmed
MACD: Upward momentum building
EMA: Price holding above EMA โ trend remains bullish
Bollinger Bands: Tightening โ volatility expansion likely
๐ $ETH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If $ethHolds Above $2,440):
Entry: Above $2,460
Targets: $2,500, $2,560, $2,620
Stop-Loss: $2,430
๐น Bearish Scenario (If $ethFails Below $2,430):
Entry: Below $2,420
Targets: $2,380, $2,340, $2,280
Stop-Loss: $2,460
๐ ETH Trading Insights
โ ETH remains strong above $2,440 support
โ MACD and volume suggest bullish continuation
โ ๏ธ Close eye on $2,460 โ strong breakout or fakeout?
๐ก Pro Tip:
If $ETH breaks and closes above $2,460 with strong volume, momentum could carry it swiftly toward $2,600+. Stay alert on lower timeframes!
๐ข Are you long, short, or watching from the sidelines? Share your take!
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