Ethereum
Long
Updated

ETH/USD (Ethereum to US Dollar) on the 1-hour timeframe.

798
ETH/USD (Ethereum to US Dollar) on the 1-hour timeframe.

Here’s a quick breakdown of what’s visible:


There is an Ichimoku Cloud indicator on the chart.

A resistance zone is marked at the top (around $2,540 – $2,550).

A support zone appears around $2,440 – $2,460.

There's a bullish arrow pointing toward the resistance zone, suggesting an expected upward movement.


🎯 Target:

Based on the chart setup and your markup:

Short-term bullish target (Take Profit): $2,545 – $2,550

Entry zone appears to be: Around $2,460

Stop loss (if managing risk): Below $2,430


This setup looks like a range play or breakout attempt, betting on ETH bouncing off support and retesting resistance.

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