🚨 Ethereum is Primed to Explode! 🚀
Entry Zone: 2.960 - 2.918
Stop Loss: 2.850
Take Profit Targets:
∙ TP1: 3.020
∙ TP2: 3.080
∙ TP3: 3.150
$ETH has powerfully bounced from a low of 2.772.97, hitting a high of 3.017.99 – a clear signal of building momentum. Price is currently consolidating just below the key psychological resistance of 3.000, forming an ascending triangle. This pattern often foreshadows a bullish breakout as price accumulates energy for a move higher, especially with rising support.
The 7-day MA (2.972.68) and 25-day MA (2.977.57) are converging, creating strong dynamic support below the current price. Volume is at 5.253 $ETH, a healthy consolidation before a potential breakout. A massive 79.02% of traders are bullish, overwhelmingly favoring buyers and solidifying the foundation for the next leg up. 📈 This long setup has a high probability of success, testing the 2.960 - 2.980 demand zone with support from both MAs. Positive performance over the last 30 and 180 days indicates a shift towards a bullish mid-term trend.
#Ethereum #ETH #CryptoTrading #Bullish 🚀
