$ETH (Ethereum) Technical Analysis: Maintaining Bullish Structure 🚀



​Entry Zone: $2,305 – $2,320

Bullish Above: $2,350
Target 1 (TP1): $2,380
Target 2 (TP2): $2,420
Target 3 (TP3): $2,500+

Stop Loss (SL): $2,290

​$ETH is currently showing sustained strength on the 1H chart, trading at $2,337.69 with a daily gain of +0.57%. The price action reflects a solid recovery from the 24h low of $2,309.24, as it moves back toward its intraday peak of $2,398.93. The current formation indicates a healthy upward trend with buyers consistently absorbing supply at higher support levels, positioning the asset for a potential retest of the $2,400 psychological resistance.

​The 24h trading volume is robust at 383,256.96 ETH, totaling approximately $901.40M USDT. This high level of liquidity and market participation confirms the validity of the current move. To maintain this momentum, $ETH needs to flip the $2,350 zone into firm support; staying above $2,310 is essential to preserve the bullish structure and avoid a deeper retracement.

#ETH #Ethereum #WCTCTradingKingPK
ETH1.06%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin