$ETH - Uptrend Alert! 🚨
Ethereum is showing strong upward momentum on the 15-minute timeframe, trading near the upper volatility band.
Here’s what traders should watch:
🔺 Resistance Zone: ETH is trading close to the upper red band, with resistance around $2,675.
🟢 Support Levels: Key support at $2,550 and $2,400 if a pullback occurs.
📉 Stochastic Oscillator: Recently moved down from overbought territory, hinting at possible consolidation or a minor retracement.
💡 Trade Tip: For trend-following traders, buying near the support zones around $2,550 could offer a good entry if the uptrend continues. Reversal traders should watch for price rejections near the upper band to consider short entries. #ETH🔥🔥🔥🔥