$ETH USDT$ is showing a strong recovery structure on the 4H timeframe, bouncing cleanly from the key demand zone and reclaiming short-term moving averages. Momentum is shifting bullish as buyers step back in, pushing price toward a critical resistance cluster. The recent impulsive candles suggest strength, but confirmation above resistance is still needed for continuation.

Price is currently testing the $2,400 zone, which acts as a key breakout level. Holding above MA(25) signals short-term strength, while MA(99) continues to act as dynamic support below.

Trade Setup:

Entry: $2,380 – $2,400

Take Profit: $2,460 – $2,520

Stop Loss: $2,300

A clean breakout and retest of $2,400 can trigger the next bullish leg, while rejection may lead to a short pullback before continuation.

ETH

2,262.51

-0.49%