๐จ $ETH JUST BROKE OUT โ NOW EVERYONE IS WATCHING $2,700 ๐
Ethereum has suddenly become one of the biggest stories in crypto today.
๐ ETH has moved back above $2,700
๐ฅ Price recently broke above the $2,661 area
๐ ETH had been consolidating after its previous rally
But hereโs the interesting partโฆ
Breaking resistance is only half the story.
๐ Can ETH actually hold above $2,700?
Reuters reports that ETH broke above the September 11 high around $2,661.52, with the next technical areas around $2,775โ$2,825. ๏ฟฝ
Reuters
Iโm watching 3 things now:
๐ $2,700 โ Can buyers defend it?
๐ $2,775โ$2,825 โ Next area traders may watch
๐ Volume โ Is the breakout getting real participation?
A breakout can attract traders quickly.
But the retest could tell us much more. ๐
๐ข HOLD ABOVE $2,700
๐ด DROP BACK BELOW $2,700
What do you think?
๐ BREAKOUT CONTINUES or ๐ PULLBACK FIRST?
#ETH #Ethereum #ETHUSDT #Crypto #CryptoTrading #BinanceSquare
$ETH
Ethereum has suddenly become one of the biggest stories in crypto today.
๐ ETH has moved back above $2,700
๐ฅ Price recently broke above the $2,661 area
๐ ETH had been consolidating after its previous rally
But hereโs the interesting partโฆ
Breaking resistance is only half the story.
๐ Can ETH actually hold above $2,700?
Reuters reports that ETH broke above the September 11 high around $2,661.52, with the next technical areas around $2,775โ$2,825. ๏ฟฝ
Reuters
Iโm watching 3 things now:
๐ $2,700 โ Can buyers defend it?
๐ $2,775โ$2,825 โ Next area traders may watch
๐ Volume โ Is the breakout getting real participation?
A breakout can attract traders quickly.
But the retest could tell us much more. ๐
๐ข HOLD ABOVE $2,700
๐ด DROP BACK BELOW $2,700
What do you think?
๐ BREAKOUT CONTINUES or ๐ PULLBACK FIRST?
#ETH #Ethereum #ETHUSDT #Crypto #CryptoTrading #BinanceSquare
$ETH
