$ETH is knocking on the same door again.


The $1,586 zone is the key level here. Once ETH flips this into support, bears may get caught sleeping and the move toward $1,620–$1,645 can happen fast.

I like this setup, but no hero entry. Let the breakout breathe.

Entry: $1,578 – $1,588
TP1: $1,605
TP2: $1,625
TP3: $1,645
SL: $1,555

Above $1,586 and ETH starts looking spicy.

#USMayPCEInflationRisesTo4.1%HighestIn3Years
ETH1.32%
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GateUser-4c2c8c4b
· 3m ago
The PCE data just came out, inflation is rising. Can ETH hold up? Let's wait and see.
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OldKeyboardTraitor
· 37m ago
This wave of 1586 is indeed critical, wait for a volume confirmation before following, no rush.
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ColdBrewYield
· 1h ago
SL is set quite tight, the risk-reward ratio is good, but I would rather miss out before the breakout is confirmed.
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Mariam211
· 1h ago
The bull market is in full bloom 🐂
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Mariam211
· 1h ago
The bull market is at its peak 🐂
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