⚡ ETH IS AT A KEY DECISION ZONE
Ethereum is trading around $2,697.20 holding above the $2,661 breakout area.
The structure remains constructive, but ETH is now approaching a zone where chasing becomes less attractive.
📌 Spot Trade Setup
Entry zone: $2,665–$2,700
TP1: $2,775
TP2: $2,825
TP3: $3,050
Invalidation: Below $2,560
🔎 Why it matters:
ETH recently broke above the $2,661 area after consolidation. Reuters’ technical analysis identifies $2,775–$2,825 as an important area ahead of a potential $3,050 technical target.
My approach here: prefer a controlled entry/retest over chasing a fast candle. If ETH loses the breakout zone, the setup needs to be reassessed.
$ETH
$NIL
$NOM
#CardanoJoinsX402PaymentStandard #21SharesLaunchesEuropesFirstZcashETP #WallStreetEarningsRevisionsTurnBearish
Ethereum is trading around $2,697.20 holding above the $2,661 breakout area.
The structure remains constructive, but ETH is now approaching a zone where chasing becomes less attractive.
📌 Spot Trade Setup
Entry zone: $2,665–$2,700
TP1: $2,775
TP2: $2,825
TP3: $3,050
Invalidation: Below $2,560
🔎 Why it matters:
ETH recently broke above the $2,661 area after consolidation. Reuters’ technical analysis identifies $2,775–$2,825 as an important area ahead of a potential $3,050 technical target.
My approach here: prefer a controlled entry/retest over chasing a fast candle. If ETH loses the breakout zone, the setup needs to be reassessed.
$ETH
$NIL
$NOM
#CardanoJoinsX402PaymentStandard #21SharesLaunchesEuropesFirstZcashETP #WallStreetEarningsRevisionsTurnBearish
