🚀 $ETH /USDT IN CRUCIAL CHANNEL – ARE YOU READY TO TRADE THIS SETUP? 🚀

The ETH/USDT chart on the 4-hour timeframe shows a solid upward channel, with price currently trading at $2716.98. The upward momentum is strong, but there’s clear resistance near the upper trendline around $2769, which aligns with the recent 24h high. Expect significant movement if ETH breaks or rejects this level.

📈 Resistance Levels:

‱ Major Resistance: $2769 – A breakout above this level could send ETH flying toward $2850, setting the stage for a bullish rally.

📉 Support Levels:

‱ Support Zone: $2642 – If ETH retraces, this support holds the key. A break below could see the price dipping to $2500.

🚹 Long Entry Strategy:

‱ Enter long on a breakout above $2769 with a target of $2850. Place a Stop Loss at $2710 to limit downside risk.

⚠ Short Entry Strategy:

‱ If price fails to hold above $2769 and reverses, short below $2642, targeting $2500. Keep a Stop Loss at $2700 for protection.

Get ready for this high-volatility move! Both bulls and bears should keep their triggers ready. đŸ”„

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