$ETH Ethereum just blasted from 2,000 to a fresh high of 2,532 and is now consolidating right at the top is this a breather or the start of a fade? 🔷⚡
ETH spent an extended stretch chopping quietly in the 1,850-1,950 range, then broke out with real conviction, running in a near-vertical push straight to a high of 2,532.95 over 30% off the base in a relatively short window. For the second-largest crypto asset, that's an extremely powerful move. The last several candles are now showing choppy, two-sided action right at the highs rather than clean continuation a sign the market may be pausing to digest before deciding its next direction.
The 2,300-2,350 zone (the mid-point of the vertical leg) is the key level to watch on any pullback holding there keeps the larger bullish structure intact.
Trade Setup:
- Pair: $ETH USDT
- Direction: SHORT
- Leverage: 10x
- Entry Zone: 2,440 – 2,490
- TP1: 2,380 24%
- TP2: 2,320 48%
- TP3: 2,250 76%
- Stop Loss: 2,540
$ETH
ETH spent an extended stretch chopping quietly in the 1,850-1,950 range, then broke out with real conviction, running in a near-vertical push straight to a high of 2,532.95 over 30% off the base in a relatively short window. For the second-largest crypto asset, that's an extremely powerful move. The last several candles are now showing choppy, two-sided action right at the highs rather than clean continuation a sign the market may be pausing to digest before deciding its next direction.
The 2,300-2,350 zone (the mid-point of the vertical leg) is the key level to watch on any pullback holding there keeps the larger bullish structure intact.
Trade Setup:
- Pair: $ETH USDT
- Direction: SHORT
- Leverage: 10x
- Entry Zone: 2,440 – 2,490
- TP1: 2,380 24%
- TP2: 2,320 48%
- TP3: 2,250 76%
- Stop Loss: 2,540
$ETH
