$ETH ereum is finally making its move
The momentum we have been waiting for is starting to build across the charts. Looking at the current 15-minute window, Ethereum has successfully broken out of its recent consolidation zone and is showing a clear vertical climb. The price action is aggressive, currently sitting at 2,412.11 with a nearly 4.6% gain on the day. We are seeing a series of higher lows leading into this impulsive move, which suggests the bulls are firmly in control of the current trend.
The volume is supporting this push, and while we are nearing the local high of 2,415.50, the strength of these consecutive green candles indicates that a breakout above this level could lead to a significant extension. For those of you tracking this move in real-time, staying disciplined with your exits will be key as we approach major psychological resistance levels.
Trade Configuration
Strategy: Momentum Long
Entry Range: 2,395.00 – 2,412.00
Take Profit 1: 2,435.00
Take Profit 2: 2,460.00
Take Profit 3: 2,510.00
Stop Loss: 2,365.00
This structure allows for the current volatility while protecting against a fake-out. Watch for a clean hourly candle close above 2,415 to confirm the next leg of this rally. Keep your risk managed and let the trend work for you.
