$ETH /USDT
Crypto Shocking Alert ⚡ Momentum Clash! Bullish & Bearish Levels Exposed! 🚀⚠️
Current Price: $1,994.12 (+2.13%)
1. Bullish Breakout Setup:
If the ETH price breaks the resistance of $1,997.86, then in the short term, we can see a move towards $1,995.73 and then up to $2,015.81. Moving averages are aligned and the momentum feels strong.
Pro Tip: Long entry should be taken only on a strong close above $1,997.86 with a target of $2,015.81 in mind.
2. Bearish Breakdown Setup:
If ETH loses the support of $1,988.49, then the next dip could extend to $1,979.12 and then to $1,969.75.
Pro Tip: Consider a short only when the breakdown of $1,988.49 is confirmed.
My Opinion:
$ETH 's structure is currently healthy-bullish — MA(7), MA(25), MA(99) are aligned and the short-term trend is upward. If a breakout occurs, momentum could be fast; otherwise, consolidation in a range is possible.$BERA
