Ethereum (ETH/USDT) Analysis$ETH
The price is trading in a rebound accumulation zone above the 24-hour low at 2,665.00, where it is currently at 2,691.49. The 1-hour timeframe (1H) shows price movement stability and consolidation above nearby local support close to the previous low at 2,652.20, supporting rebound opportunities for a retest of the 24-hour high at 2,738.51.
Trade type: Buy (Buy / Long)
Entry zone: 2,675.00 - 2,695.00
First target: 2,718.00
Second target: 2,738.00 (retest of the 24-hour high)
Stop Loss: 2,658.00 (break of the 24-hour low and holding below it)
The price is trading in a rebound accumulation zone above the 24-hour low at 2,665.00, where it is currently at 2,691.49. The 1-hour timeframe (1H) shows price movement stability and consolidation above nearby local support close to the previous low at 2,652.20, supporting rebound opportunities for a retest of the 24-hour high at 2,738.51.
Trade type: Buy (Buy / Long)
Entry zone: 2,675.00 - 2,695.00
First target: 2,718.00
Second target: 2,738.00 (retest of the 24-hour high)
Stop Loss: 2,658.00 (break of the 24-hour low and holding below it)
