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🔷 Ethereum Analysis ETHUSDT
Ethereum is attempting to continue its recovery, but the nearby resistance zone needs to be clearly broken for the chances of further gains to improve.
📍 Areas to watch:
🟢 Support: $2,416–$2,403.
🔴 Resistance: approximately $2,460–$2,500.
🟢 LONG scenario — Conditional buy
• Entry: After an hourly candle closes above $2,520.
• Stop-loss: $2,470.
• First target: $2,580.
• Second target: $2,630.
• Third target: $2,700.
🔴 SHORT scenario — Conditional sell
• Entry: After a clear close below $2,400.
• Stop-loss: $2,450.
• First target: $2,350.
• Second target: $2,300.
• Third target: $2,250.
🎯 Key point to watch:
Watch price action at resistance, and don't consider simply touching it a buy signal.
⚠️ These are suggested levels to watch, not a confirmed real-time entry signal. They should be reviewed on the chart before trading.
💬 Can ETH break above $2,520?
#Ethereum
🔷 Ethereum Analysis ETHUSDT
Ethereum is attempting to continue its recovery, but the nearby resistance zone needs to be clearly broken for the chances of further gains to improve.
📍 Areas to watch:
🟢 Support: $2,416–$2,403.
🔴 Resistance: approximately $2,460–$2,500.
🟢 LONG scenario — Conditional buy
• Entry: After an hourly candle closes above $2,520.
• Stop-loss: $2,470.
• First target: $2,580.
• Second target: $2,630.
• Third target: $2,700.
🔴 SHORT scenario — Conditional sell
• Entry: After a clear close below $2,400.
• Stop-loss: $2,450.
• First target: $2,350.
• Second target: $2,300.
• Third target: $2,250.
🎯 Key point to watch:
Watch price action at resistance, and don't consider simply touching it a buy signal.
⚠️ These are suggested levels to watch, not a confirmed real-time entry signal. They should be reviewed on the chart before trading.
💬 Can ETH break above $2,520?
#Ethereum