$ETH /USDT BULLISH BREAKOUT TOWARDS NEW HIGHS šš„
Ethereum is showing strength with a bullish move as price trades around $3,823.49 š. Buyers are stepping in strong after a bounce from key support, hinting at further upside momentum!
š KEY LEVELS:
Resistance: $3,840 (Immediate), $3,920 (Next target)
Support: $3,760 (Local), $3,677 (Major 24h low)
š CURRENT PRICE: $3,823.49
ETH is holding just below its 24h high of $3,834.03, signaling potential continuation if bulls push above resistance.
š TRADE SETUP (LONG):
Entry: $3,825 (on breakout confirmation above $3,840)
Take Profit (TP):
TP1: $3,880
TP2: $3,920
TP3: $4,000
Stop Loss (SL): $3,760
š ALTERNATE SHORT (if rejected at $3,840):
Entry: $3,830
TP: $3,780 / $3,740
SL: $3,870
š” RISK MANAGEMENT:
Always use a 1:2 or higher Risk-to-Reward ratio. Risk only 1ā2% of your capital per trade. Set alerts near key levels and avoid over-leveraging. Stay disciplined! š§ š
#Ethereum #CryptoAnalysis #TechnicalAnalysis #BinanceHODLerTree #Write2Earn $ETH