๐ ETH/USDT Breakout Watch: Momentum Returns! $ETH
Price: $2,561 | Change: +1.78%
Timeframe: 1H | Date: July 6, 2025
๐ Potential Setup:
> Entry: Retest $2,530 โ $2,540
TP: $2,589 โ $2,635
SL: Below $2,515
Ethereum has broken above the $2,530 zone with strong bullish momentum, following a clean bounce from consolidation. A breakout candle is now confirmed with volume, EMA alignment, and Stoch RSI showing continuation potential.
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๐ Key Technical Points:
โ Price breakout above EMA cluster (7/25/99)
โ EMA(7) > EMA(25) > EMA(99) โ bullish alignment
โ Stoch RSI at 98.7, confirming momentum surge
โ Strong bullish candle closes above $2,530 resistance
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๐ Support & Resistance:
Support zone: $2,530 โ $2,517
Next resistance target: $2,589 โ $2,635
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๐ Probability Forecast:
Scenario Probability Signal
๐ผ Continuation to $2,589โ$2,635 72% Breakout confirmation, bullish momentum
๐ฝ Retrace to $2,530 28% Only if no follow-through or sudden BTC drop
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