Entry: $2,080 – $2,100
Take Profit: $2,150 / $2,200
Stop Loss: $2,045
Ethereum is currently showing strong momentum on the 1H chart after a sharp move toward the $2,148 resistance zone. Price is now slightly pulling back, which is a common market behavior after a fast breakout.
Market Insight
The recent impulse candle with strong volume suggests buyers are active in the market. After such moves, price usually retests nearby support before continuing the trend.
Key Support Zones
$2,080 – $2,090 (first support)
$2,050 – $2,060 (strong demand area)
If buyers defend these zones, ETH could attempt another push toward higher resistance.
Potential Targets
$2,150 (recent high retest)
$2,200 (next psychological resistance)
A breakout above $2,150 may bring fresh momentum into the market.
Risk Reminder
If price drops below $2,050, the bullish structure may weaken and the market could revisit the $2,000 support area.
Question for Traders
Do you think ETH will break $2,150 soon, or will we see a deeper pullback first?
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