$ETH Ethereum (ETH/USD) has been consolidating just below the resistance zone around $1,824, forming a strong base. Today’s breakout above this level indicates bullish momentum building up, with a potential upside target near $1,963.
The entry is placed slightly above the breakout point, while the stop-loss is set below recent consolidation support around $1,762. This setup offers a favorable risk-to-reward ratio.
$ETH If ETH holds here, we will likely see a pump towards 2300 - 2500 area, this area is where ETH buyers are trapped after the failure of the 2300 - 2500 order block retest. The buyers would ideally wanna exit their positions after selling at that level.
ETH will give us a great opportunity for shorting. We will be looking at shorting ETH at 2400 - 2543 with our take profits at 2000 - 1870 area. Stop loss is a 4 hr candle close above 2800. @chfaisal12 @Anmol8189 $SOL $XRP #PEPE #BTTC #TRUMP
Of course, no level is guaranteed to hold especially in shaky market conditions. If Bitcoin fails to defend the $72K area and breaks down with conviction, the next major target to watch will be the lower imbalance zone at $64K. That would be a deeper correction, but still within the broader context of a bullish cycle rebalancing phase. @chfaisal12 @Anmol8189
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