🚀 $ETH Ready for Breakout? Strong Momentum Continues!
Current Price: $2,124.77 (+2.97% 24h)
**Technical Analysis:**
$ETH has printed a strong impulsive candle on the daily timeframe, rallying from $2,065 to $2,135 (+3.4%). The 4h chart shows consecutive higher lows with bullish confirmation - price is consolidating above the $2,110 support level after breaking through the $2,100 resistance zone. Volume is strong on the breakout candle, signaling institutional interest.
**Setup: LONG** ✅
The daily uptrend is intact. Bounces off $2,100 support are working perfectly. 4h momentum indicators remain positive with no bearish divergence yet.
**Entry:** $2,120-$2,130 (market/limit)
**Stop Loss:** $2,095 (-25 USDT risk)
**TP1 (2RR):** $2,170 (+50 USDT)
**TP2 (3RR):** $2,195 (+75 USDT)
**Key Levels:**
- Resistance: $2,135 (1d high) → $2,160 (ext.)
- Support: $2,110 → $2,090 (critical)
**Catalysts:** Network upgrades, Bitcoin correlation, altseason strength
Watch the $2,110-$2,100 zone. Break below = invalidate the setup. Break above $2,135 = acceleration likely.
#Ethereum #TradingSignal #Altseason #CryptoTA
**DYOR** - Not financial advice. Manage risk accordingly.