๐จ๐ฅ #Ethereum is Heating Up #boooooommm at $2,624.89 โ Breakout Incoming? ๐ฅ๐จ
$ETH is trading strong at $2,624.89 ๐ช on Binance, holding solid after reclaiming key support. Bulls are gearing up โ a push past resistance might spark a breakout! โก๏ธ
๐ฅ Entry Zone: $2,615 โ $2,630
๐ฏ Profit Targets:
โข TP1: $2,685 ๐ฅ
โข TP2: $2,735 ๐ฅ
โข TP3: $2,795 ๐
๐ Stop Loss: $2,555 ๐ซ
๐ Risk/Reward: Favorable 1:2+ if momentum keeps up ๐
๐ฐ Buy and trade here $ETH ๐
๐ Technical Breakdown โ ETH/USDT
1๏ธโฃ Price Action:
$ETH bouncing off support near $2,575, stabilizing at $2,624.89 ๐
Mini bull flag forming โ hinting at more upside ahead ๐
2๏ธโฃ Moving Averages:
Testing above MA(25) & MA(7) โ bullish vibes ๐ข
MA(99) below ~$2,565 providing solid foundation
3๏ธโฃ Key Levels:
๐น Support: $2,575 & $2,555
๐ธ Resistance: $2,640, $2,695, and $2,735
4๏ธโฃ Indicators:
RSI steady, gently rising โ room to run before overbought ๐ฅ
Volume stable โ eyes peeled for a surge to confirm breakout
5๏ธโฃ Outlook:
Breaking $2,640 with volume could propel ETH to $2,695+ ๐
Bulls dominate above $2,600 ๐ช