ETH Analysis
đ ETH/USDT Analysis: Short-term Bullish with Key Resistance Ahead!
Ethereum (ETH) is showing signs of strength, currently trading at $2,652.59, with a +2.75% gain in the past 24 hours. Bulls are in control, but resistance looms at $2,687. If ETH breaks this level, we could see another rally. However, if it fails, support at $2,524 becomes the crucial level to watch.
đ The MACD still shows bullish momentum, but a weakening signal warns traders to stay cautious. A break above $2,687 could trigger a long entry, riding the momentum higher. On the other hand, if ETH dips near $2,524, traders might consider shorting or waiting for a bounce.
đĄ Entry Strategy: Buy on a clean breakout above $2,687 or wait for a retracement near $2,524 to go long. Use stop-loss orders to manage risks and avoid sudden market reversals!#Write2Earn! #ETHđ„đ„đ„đ„ #Write2Earn! #ETHETFsApproved
