📊ETHUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 2471.512
• Support: 2365
• Resistance: 2646.94
• Current Price: 2611.39
📈Strategy:
Price is trading in the premium zone above the 20 SMA, signaling sustained bullish momentum. The 4H swing high at 2646.94 acts as immediate resistance; a clean break above could trigger a move toward the calculated TP at 2728.90. However, with the current price at 2611.39 and a tight stop at 2533.05, a short-term pullback to retest the SMA or support zone is possible before continuation. Maintain a bullish bias but manage risk carefully near resistance.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 2471.512
• Support: 2365
• Resistance: 2646.94
• Current Price: 2611.39
📈Strategy:
Price is trading in the premium zone above the 20 SMA, signaling sustained bullish momentum. The 4H swing high at 2646.94 acts as immediate resistance; a clean break above could trigger a move toward the calculated TP at 2728.90. However, with the current price at 2611.39 and a tight stop at 2533.05, a short-term pullback to retest the SMA or support zone is possible before continuation. Maintain a bullish bias but manage risk carefully near resistance.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇