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$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