🚀 **Ethereum/USDT is ready for the next big move!** 🔥
Ethereum is currently trading at **$1,973.19** on the 4-hour chart, showing signs of consolidation after bouncing from a local low at **$1,907**. The price remains above the (MA25) at **$1,964**, while the short-term moving average (MA7) is attempting to turn upward. However, the $ETH MA99 near **$2,003** acts as a strong resistance.
If the bulls push the price above the resistance zone between $1,995 and $2,000, we could see strong upward momentum. A clean break above the MA99 moving average could ignite a rally toward higher levels. However, failure to hold support at $1,960 may lead to short-term downside pressure.
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🚀 **Ethereum/USDT is ready for the next big move!** 🔥
Ethereum is currently trading at **$1,973.19** on the 4-hour chart, showing signs of consolidation after bouncing from a local low at **$1,907**. The price remains above the (MA25) at **$1,964**, while the short-term moving average (MA7) is attempting to turn upward. However, the $ETH MA99 near **$2,003** acts as a strong resistance.
📊 **24-hour high:** $1,995
📉 **24-hour low:** $1,966
Volume remains strong, indicating a potential imminent breakout!
If the bulls push the price above the resistance zone between $1,995 and $2,000, we could see strong upward momentum. A clean break above the MA99 moving average could ignite a rally toward higher levels. However, failure to hold support at $1,960 may lead to short-term downside pressure.
🎯 **Entry EP:** $1,965 – $1,975
🎯 **Take Profit 1:** $2,000
🎯 **Take Profit 2:** $2,025
🎯 **Take Profit 3:** $2,060
🛑 **Stop Loss:** $1,940
⚡ Watch the volume closely — is this a true breakout or a fakeout? Big move coming! Trade smart and manage your risks!