$ETH — 1H Chart Read 📊

ETH has put together a really clean 1H recovery. From the $2,414 area, the price pushed through $2,500 and is now sitting just under the $2,642.70 high.

The structure is bullish, but the price is extended after a +7.72% move, so I’d rather wait for a retest than chase the top.

Current price: $2,639
Supertrend: $2,550.99 🟢
24H high: $2,642.70
Resistance: $2,642.70 → $2,654
Support: $2,597 → $2,550 → $2,485
Order book: 92.05% bids vs 7.95% asks

Long setup

Preferred entry: $2,585–$2,615
SL: $2,535
TP1: $2,643
TP2: $2,700
TP3: $2,760–$2,800

The cleaner continuation signal is a 1H close above $2,643, followed by a hold of that level.

If ETH loses $2,550, the current 1H momentum starts cooling, so I’d wait for a new structure rather than forcing the trade.

The broader daily move also supports the strength visible in your chart: Binance historical data shows ETH gained about 6.4% on Sep. 18, with a daily high near $2,610 on that dataset.

Bias: Bullish above $2,550.
Key level: $2,643.
Best approach: let ETH prove the breakout or give a cleaner pullback.

#ETH