$ETH /USDT Reaches $4,092 Amid Strong Bullish Momentum
Ethereum ($ETH ) has witnessed a remarkable surge over the past few hours, reaching a 24h High of $4,094.01. This upward movement reflects a 4.95% increase from the previous session, with the 24h Low recorded at $3,844.40. Trading volume has been robust, with 618K ETH and $2.45B USDT exchanged in the past 24 hours.
Key Observations:
Strong Breakout: ETH showed significant bullish momentum from the $3,884.00 support level.
Resistance & Breakthrough: The price tested and breached the $4,027 resistance, with a peak near $4,094.01.
Current Position: ETH is consolidating near $4,092.23, showing signs of continued buying interest.
Trading Signal:
Entry Point: $4,085 - $4,100
Target: $4,150 - $4,200
Stop Loss: $4,045