ETH buyers hold the short-term momentum
🟢 LONG $ETH /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 2361.96 – 2364.86
TP1: 2386.81 (+1.0%)
TP2: 2402.40 (+1.6%)
TP3: 2425.80 (+2.6%)
SL: 2332.22 (-1.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? 3/12 signals agree, 1 against.
• Buyers are driving the move (15m ADX 36.1)
• BTC is rising, this coin follows (corr 0.91)
• Buyers have the momentum (1h RSI 64.4)
Risk: 4h trend down (below EMA50 & EMA200)
Why I like it:
ETH is a long with a leaning conviction, because the 1h price shows buyers are in control with strong trend strength. The daily trend is range-bound, which means the swing trend is not yet in your favor. You are trading a short-term move inside a larger range.
Where do you place your invalidation level?
Full setup on the chart below
$ETH
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
#ETH #Ethereum