$ETH /USDT – Approaching Key Resistance.. Must buy... It's time to Upward momentum ..
Ethereum ($ETH ) is trading at $3,528.15, marking a 3.61% gain over the last session. The 15-minute chart reveals a strong upward push, with ETH breaking past $3,500 after bouncing from its intraday low of $3,389.93. Buyers are showing clear dominance as ETH edges closer to its daily high of $3,539.65.
Key Levels to Watch
Resistance: $3,540 - $3,560
Support: $3,500 - $3,470
A breakout above $3,540 could lead to further upside, with potential to test $3,600 in the short term. However, maintaining support above $3,500 will be critical to sustain the bullish momentum.
Trade Setup
Entry Point: Around $3,525
Profit Targets:
Target 1: $3,550
Target 2: $3,600
Stop-Loss: $3,490
Traders should watch the $3,540 resistance closely, as a confirmed breakout could signal further bullish movement. Lock in partial profits at each target and trail stop-losses to secure gains. ETH’s strong momentum offers a great opportunity for short-term trades.