$ETH – ON THE VERGE OF A HISTORIC BREAKOUT TO $5K 🚀
Ethereum is firing on all cylinders after reclaiming key support at $4,500. Bulls have pushed past $4,550 and $4,650, eyeing the $4,780 resistance as the final hurdle before unlocking the $5K milestone. The momentum is strong, trendline support at $4,480 remains intact, and any sustained break above $4,880 could trigger an explosive rally toward $5,150.
Trade Setup (Long Bias)
Entry Zone: $4,650 – $4,720
Take Profit 1: $4,880
Take Profit 2: $5,000
Extended Target: $5,150
Stop Loss: $4,480
Market Outlook:
ETH’s bullish structure is backed by a rising MACD and RSI above 50, signaling strong upward momentum. As long as price holds above $4,650, dips are likely to be aggressively bought. A clean breakout above $4,880 would not just mark a short-term win — it could open the gates for Ethereum’s next leg into uncharted territory.
