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ETH Explosive Breakout 🚀 $2,401
ETH smashed through $2,383 resistance + wedge breakout. Spiked to $2,402, now $2,401.25 +0.32%.
*Levels:*
Resistance: $2,414 - $2,416 pink zone = next supply. Break this = $2,425+ open.
Support: $2,383.87 flipped support now. Must hold for continuation.
Key Support: $2,360.37 if $2,383 fails.
MA: $2,332.89 black MA way below = strong momentum.
*Trade:*
Long $2,383 - $2,390 retest → SL $2,378 → TP $2,414 → TP2 $2,425.
Already long? Trail SL to $2,380. Don’t exit before $2,414 test.
No shorts until $2,360 breaks. Trend is up.
*Why It Matters:*
Wedge + horizontal both broken with volume. $2,383 was key level from earlier chart. Flip confirmed. $2,414 is last barrier before new highs.
Holding $2,383 = $2,414 minimum. $2,425+ if buyers continue.
NFA. DYOR.