$ETH Bullish Momentum Is Building
I'm seeing Ethereum hold its recovery structure after a strong bounce from the $1,505 support zone. Buyers continue defending higher lows while price steadily pushes toward the next resistance area, showing increasing strength on the 4H timeframe.
The recent price action suggests accumulation after the correction. Momentum is gradually shifting back to the bulls, and a breakout above nearby resistance could trigger the next leg higher.
Trade Setup
Entry: $1,665 - $1,680
Target 1: $1,720
Target 2: $1,780
Target 3: $1,850
Stop Loss: $1,610
Why This Move Can Happen
I'm seeing a strong recovery from the $1,505 support level.
I'm seeing buyers consistently defend pullbacks.
I'm seeing higher lows forming on the 4H chart.
I'm seeing bullish momentum increase near current levels.
I'm seeing price attempt to reclaim key resistance zones.
As long as Ethereum remains above the support region, the bullish structure stays intact. A successful breakout above recent resistance can open the path toward the $1,720-$1,850 area.
Let's go and Trade now $ETH
