🚀 $ETH Momentum: Pushing Toward Yearly Highs

Price is currently trading at $2,136.28, maintaining a steady +0.34% gain over the last 24 hours. After establishing a firm support base at the daily low of $2,076.01, Ethereum has initiated a strong recovery trend, recently peaking at a local high of $2,156.71. The bulls are successfully defending the $2,120.00 level, signaling high conviction for a continuation of this upward move.
Long $ETH (Trend Continuation Play)
Entry: $2,125.00 – $2,140.00
Stop Loss (SL): $2,060.00
Take Profit 1 (TP1): $2,250.00
Take Profit 2 (TP2): $2,380.00
Take Profit 3 (TP3): $2,500.00
Market Analysis
$ETH is showing a robust "staircase" recovery on the 15m timeframe, with increasing volume supporting the current price appreciation. The 24h volume stands exceptionally strong at 4.17M ETH ($8.91B USDT), reinforcing its massive liquidity and dominance as a primary layer-1 network.
Technically, the price action is holding well above the recent primary support floor of $2,118.21. As long as this level remains intact, the bullish bias is dominant. A decisive hourly close above the recent local technical resistance near $2,137.28 would likely trigger a rapid liquidity expansion toward the $2,200+ psychological barrier. However, a breach of the $2,060.00 support zone would invalidate this short-term setup.
Trade $ETH here 👇

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