$ETH $ETH The $ETH /USDT pair is currently in a strong uptrend, as evidenced by the series of higher highs and higher lows. The recent price action suggests a positive momentum and potential for further upside.

Key Support and Resistance Levels

Support: The 2,669.25 level has acted as strong support in the past, and a break below this level could signal a potential downside move.

Resistance: The 2,902.40 level has been a significant resistance level, and a break above this level could lead to further upside potential.

Entry Signal

A potential entry signal could be a retest of the 2,669.25 support level. If the price bounces off this level with increased volume, it could signal a buying opportunity.

Trading Strategy

Long Position: Enter a long position if the price bounces off the 2,669.25 support level with a stop-loss below the 2,357.59 level.

Take Profit: Set a take-profit target at the next significant resistance level, which could be around the 2,973.27 level.

Additional Considerations

Volume: Monitor the trading volume closely. Increased volume during a breakout or retest can confirm the strength of the move.

Market Sentiment: Pay attention to market sentiment and news events that could impact the price of ETH.

Risk Management: Always use proper risk management techniques, such as stop-loss orders, to limit potential losses.#MicrosoftBitcoinRejection #DogeArmyComeBack #EthereumRally #SOLFutureRise #Write2Earn!