🚨 $ETH /USDT Trade Update – Big Moves Are Brewing 🚨
Ethereum ($ETH ) is currently trading at $2,465.98, showing a slight upward movement with a 0.42% increase over the last 24 hours. The market is consolidating near key moving averages, indicating that ETH could be setting the stage for a decisive breakout soon. Traders should prepare for potential volatility in both directions, as critical resistance and support zones are within reach.
$ETH recently tested the 24-hour high of $2,490.51 but retraced slightly, hovering near the short-term moving average. If bullish momentum returns, a surge beyond $2,490 could trigger more gains, pushing ETH to higher targets. On the flip side, losing the support at $2,448.80 may open doors for a pullback toward the lower range.
Current Price: $2,465.98
Resistance: $2,490.51
Support: $2,448.80
Long Trade Setup
Entry: Above $2,490
Target 1: $2,515
Target 2: $2,540
Stop Loss: $2,448
Short Trade Setup
Entry: Below $2,448
Target 1: $2,430
Target 2: $2,400
Stop Loss: $2,490
Ethereum is at a critical juncture, and both bulls and bears are eyeing the next move. A breakout in either direction could create significant trading opportunities. Stay alert, manage your trades wisely, and be ready to take action as the market unfolds.
