💎 $ETH USDT BULLISH CONSOLIDATION – MAJOR MOVE AHEAD!
$ETH is currently trading at $2,555.50, forming a consolidation zone after a sharp recovery on the 4H timeframe. Price is holding above the immediate support, indicating buyers are stepping in to defend levels.
🔑 Key Levels:
Support: $2,512
Resistance: $2,588 – $2,600
Current Price: $2,555
📈 Trade Setup (Long):
Entry: $2,545 – $2,555
Targets:
TP1: $2,575
TP2: $2,600
TP3: $2,625
Stop Loss: $2,520
🧠 Market Outlook:
ETH is forming higher lows, suggesting bullish momentum may resume if it breaks above $2,588 resistance with volume confirmation. Watch for a strong push towards $2,600+ if BTC remains stable.
⚠️ Risk Management:
Always use proper position sizing. Risk only 1-2% per trade to protect your capital from unexpected reversals.
💬 Comment 🚀 if you’re ready to ride the ETH breakout this week!