$ETHU.ETF SD CM is trading around 2,576.77, up 2.15%. This positive move puts the 2,575–2,580 area in focus as traders assess whether buyers can sustain the upward momentum.
If price holds above 2,560 and pushes through 2,600, the next upside levels could come into play. A rejection near 2,600 or a break below 2,540 would weaken the bullish setup. I’d rather see price confirm its direction than assume the current gain will continue.
Trade Setup:
Entry Zone: 2,565–2,580
Take Profit 1: 2,600
Take Profit 2: 2,630
Stop Loss: 2,540
Wait for confirmation, size positions carefully, and avoid emotional decisions.
If price holds above 2,560 and pushes through 2,600, the next upside levels could come into play. A rejection near 2,600 or a break below 2,540 would weaken the bullish setup. I’d rather see price confirm its direction than assume the current gain will continue.
Trade Setup:
Entry Zone: 2,565–2,580
Take Profit 1: 2,600
Take Profit 2: 2,630
Stop Loss: 2,540
Wait for confirmation, size positions carefully, and avoid emotional decisions.