🚀 Ethereum (
$ETH /USDT) Analysis: The Bullish Surge! 🚀
Ethereum is showing explosive growth on the 4H timeframe, currently trading at $3,020.97 with a solid +3.51% increase. The "V-shaped" recovery from the $2,787 support is a very strong bullish signal. 📈
🔍 Key Technical Insights
Market Momentum: ETH has successfully reclaimed the psychological level of $3,000. The trend is strongly upward. ✅
Resistance Level: The immediate resistance is at $3,035. A clean break above this could push the price toward $3,100+. 🎯
Indicators: * StochRSI (99.23): Currently in the extreme overbought zone. This suggests price might consolidate or face a minor pullback before the next big move. ⚠️
Volume: The large green candles indicate high buyer confidence. 💪
⚡ Trade Setup
Entry Zone: $2,980 - $3,010 📥
Take Profit 1: $3,050 💰
Take Profit 2: $3,120 💎
Stop Loss: $2,920 🛡️
Analyst: Ahmed ✍️
#ETH #Ethereum #cryptosignal #BullishMarket #tradingexpert