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