Is ETH Heading to $2800? Strategic Entry in Bullish Trend

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Hi traders! , Analyzing ETH/USD on the 2H timeframe, price is respecting an ascending trendline and showing signs of continuation within the bullish structure:

🔹 Entry: 2555
🔹 Take Profit : 2831
🔹 Stop Loss : 2234

After consolidating above key support and retesting the ascending trendline, ETH is showing potential for a bullish continuation. The recent bounce is forming higher lows, and price remains above the 50 EMA, suggesting buyers are maintaining control.

RSI is currently turning upward from the mid-zone, signaling growing bullish momentum while still avoiding overbought conditions. The trendline has been respected several times, adding confluence to the setup.

If momentum holds, the TP around 2831 lines up with a significant resistance area from previous structure — a logical zone for price to reach in the short term.

⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for managing their own risk and strategy.

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ملاحظة

Secured partials SL at break-even

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