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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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ETH/USDT Setup – One to Keep an Eye On
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ETH is currently sitting around $2,580 after pulling back from a recent high near $2,740. The price has been moving nicely within a channel, showing a solid uptrend structure.
Here’s what I’m watching:
I’m expecting a possible retest of the $2,350 area, which has acted as a strong support zone before. This level could serve as a solid demand zone again.
If price comes down to this area and shows some kind of bullish candlestick pattern, that could be our cue to look for a long setup.
Target: I’d be aiming for $2,700, which lines up well with recent highs.
Volume also looks healthy on the way up, so if the bounce is supported by strong volume again, it adds extra confidence to the trade.
No need to rush—this setup needs time to play out. Just keep it on your radar, and let’s see if ETH gives us that perfect entry.
#BTC Market Outlook#
$ETH