$ETH - Uptrend Alert! ๐จ
Ethereum is showing strong upward momentum on the 15-minute timeframe, trading near the upper volatility band.
Hereโs what traders should watch:
๐บ Resistance Zone: ETH is trading close to the upper red band, with resistance around $2,675.
๐ข Support Levels: Key support at $2,550 and $2,400 if a pullback occurs.
๐ Stochastic Oscillator: Recently moved down from overbought territory, hinting at possible consolidation or a minor retracement.
๐ก 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. #ETH๐ฅ๐ฅ๐ฅ๐ฅ