Technical Analysis of the Financial Chart

1. Main Trend
The overall trend for the ETH/USDT chart (30-minute timeframe) appears bullish, confirmed by the recent breakout above the $2,480 resistance level and price maintaining above the moving averages (MA 50 and MA 200).
The latest upward momentum pushed the price to around $2,510, but the current candlestick seems to be consolidating at this level.
2. Key Levels
Resistance:
$2,543 (next critical level).
Support:
$2,480 (previous resistance, now acting as a key support zone).
$2,461 (aligned with the MA 50 and prior consolidation).
Breakout: A breakout above $2,480 has occurred. The bullish trend is likely to continue as long as the price remains above this level.
3. Technical Indicators
RSI (Relative Strength Index):
Currently around 63, indicating positive momentum but not yet overbought (70+), suggesting more upside potential.
MACD:
Both the MACD and Signal lines are above 0 with a recent bullish crossover. However, the lines are converging, pointing to potential consolidation.
Moving Averages (MA 50 & MA 200):
The price is trading well above both moving averages, reinforcing the bullish outlook.
4. Risk/Opportunity
Entry Point: Long above $2,505 (continuation of the bullish trend).
Stop-loss: $2,470 (below the breakout level and MA 50 to reduce risk).
Take-profit:
Level 1: $2,543 (first visible resistance).
Level 2: $2,570 (potential extension of the trend).
Confidence Level: High (given the strong breakout and supporting technical indicators).
Recommendation
Trading Setup:

Asset: ETH/USDT
Direction: Long
Entry: $2,505
Stop-loss: $2,470
Take-profit:
Level 1: $2,543
Level 2: $2,570
Confidence: High
Additional Notes:
Monitor volatility and volume: A drop in volume may signal weakening momentum.
Bollinger Bands indicate possible tightening after the breakout, suggesting consolidation.
🏦 Conclusion: The current setup supports a bullish continuation strategy with a favorable risk/reward ratio.