$ETH is getting rejected, but the 4H chart is starting to tell a different story. 👀
I’m leaning LONG on ETH here.
📍 Trade Plan
Entry: 1921.25 – 1922.11
SL: 1909.58
TP1: 1930.75
TP2: 1936.80
TP3: 1945.87
🔥 Why I like this setup:
- The daily chart is still ranging, but the 4H bias has flipped LONG with 78.5 confidence. This looks more like a mean-reversion play than a trend chase.
- 15M RSI is sitting around 53.25, showing momentum still has room to move rather than being overheated.
- 1H ATR is only 5.03, so volatility is relatively tight. TP1 is just above the current range, while the bigger opportunity comes if momentum pushes toward 1936–1945.
- We’re entering right around the 1921.68 pivot, giving us a clear level to work with and a defined invalidation.
The big question: Is this just a bounce before another rejection at 1936.80, or are we seeing the first move toward a breakout?
I’m taking the bullish side. 🚀
#ETH #ETH🔥🔥🔥🔥🔥🔥
Who’s fading this long? 👇
Click here to Trade 👇️
I’m leaning LONG on ETH here.
📍 Trade Plan
Entry: 1921.25 – 1922.11
SL: 1909.58
TP1: 1930.75
TP2: 1936.80
TP3: 1945.87
🔥 Why I like this setup:
- The daily chart is still ranging, but the 4H bias has flipped LONG with 78.5 confidence. This looks more like a mean-reversion play than a trend chase.
- 15M RSI is sitting around 53.25, showing momentum still has room to move rather than being overheated.
- 1H ATR is only 5.03, so volatility is relatively tight. TP1 is just above the current range, while the bigger opportunity comes if momentum pushes toward 1936–1945.
- We’re entering right around the 1921.68 pivot, giving us a clear level to work with and a defined invalidation.
The big question: Is this just a bounce before another rejection at 1936.80, or are we seeing the first move toward a breakout?
I’m taking the bullish side. 🚀
#ETH #ETH🔥🔥🔥🔥🔥🔥
Who’s fading this long? 👇
Click here to Trade 👇️