$ETH/USDT BULLISH BREAKOUT ANALYSIS $ETH

$ETH/USDT: MOMENTUM ACCELERATING TOWARD NEW HIGHS

The current chart structure for Ethereum reflects a strong Bullish Recovery following a sharp liquidity grab at the $1,938 level. After finding solid support, the price has established a series of higher highs and higher lows on the timeframe, signaling a shift in market sentiment from consolidation to an active uptrend.

The price is currently hovering near the local resistance of $2,075. A clean breakout above this level confirms the continuation of the trend, supported by the yellow moving average which is currently acting as dynamic support for the price action.

STRATEGIC TRADE TARGETS

* Take Profit 1: $2,110.00

* Take Profit 2: $2,165.00

* Take Profit 3: $2,240.00

* Stop Loss: $1,985.00

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