🚀 Ethereum ($ETH) Breaks $4,000: Bullish Momentum Gathers Strength! 🚀
Ethereum is making waves, currently trading at $4,025.92, up by +3.64% in the past 24 hours. The price soared to a high of $4,007.90, breaking through crucial resistance levels and showing powerful bullish movement. Support holds strong at $3,950, and the next major resistance is at $4,050.
💡 Trade Setup:
Entry Price: $4,003.58
Target 1 (TP1): $4,050
Target 2 (TP2): $4,100
Target 3 (TP3): $4,150
Stop Loss (SL): $3,950
⚡ Market Insights:
Ethereum's RSI at 89.82 indicates it's in overbought territory, reflecting strong upward momentum but hinting at a possible short-term pullback. If Ethereum breaks through $4,050, we could see a continued rally toward higher targets.
With volatility in the air, traders should stay vigilant, closely watching key levels, and managing risk wisely as Ethereum surges. Could this be the start of a long-term bull market? Keep a close eye on the next move! 🚀💎