šØ ETHEREUM ALERT: BULL FLAG OR BREAKOUT? šØ
Ethereum (ETH) is getting interesting again. š
After a powerful rally of around 37% over 10 days, ETH reached about $2,564 before entering a period of consolidation.
Now the big question is:
š„ Will ETH break above $2,560 and start another rally?
OR
š» Will it lose the $2,350ā$2,360 support zone and pull back further?
š KEY LEVELS TO WATCH:
š“ Resistance: $2,560
š¢ Support: $2,350ā$2,360
šÆ Potential upside area: $2,800 ā $3,050
A breakout with strong volume could make the bullish setup more interesting. But if ETH loses its support zone, traders should be careful about a deeper pullback.
The U.S. CPI release today could also increase market volatility, so don't trade blindly and don't FOMO into a breakout.
š¬ What do you think?
ETH BREAKOUT š or ETH PULLBACK š»?
Drop your prediction below!#tradingtechnique #ETH #Ethereum #Crypto #Altcoins #Trading
$ETH
Ethereum (ETH) is getting interesting again. š
After a powerful rally of around 37% over 10 days, ETH reached about $2,564 before entering a period of consolidation.
Now the big question is:
š„ Will ETH break above $2,560 and start another rally?
OR
š» Will it lose the $2,350ā$2,360 support zone and pull back further?
š KEY LEVELS TO WATCH:
š“ Resistance: $2,560
š¢ Support: $2,350ā$2,360
šÆ Potential upside area: $2,800 ā $3,050
A breakout with strong volume could make the bullish setup more interesting. But if ETH loses its support zone, traders should be careful about a deeper pullback.
The U.S. CPI release today could also increase market volatility, so don't trade blindly and don't FOMO into a breakout.
š¬ What do you think?
ETH BREAKOUT š or ETH PULLBACK š»?
Drop your prediction below!#tradingtechnique #ETH #Ethereum #Crypto #Altcoins #Trading
$ETH
