Ethereum ($ETH ) is reclaiming moving averages after sweeping liquidity down at $1,853.
The 4-hour chart displays clear higher-low structures while holding key support around the 7-period and 25-period moving averages. A clean breakout past immediate overhead supply opens up a quick momentum expansion toward prior local highs.
Bias: LONG Entry Zone: $1,885 – $1,895 SL: $1,850 TP1: $1,915 TP2: $1,930 TP3: $1,955
Market structure favours bulls as long as $1,850 remains intact. Are you bidding this retest or waiting for a confirmed breakout above $1,930?
$ETH
The 4-hour chart displays clear higher-low structures while holding key support around the 7-period and 25-period moving averages. A clean breakout past immediate overhead supply opens up a quick momentum expansion toward prior local highs.
Bias: LONG Entry Zone: $1,885 – $1,895 SL: $1,850 TP1: $1,915 TP2: $1,930 TP3: $1,955
Market structure favours bulls as long as $1,850 remains intact. Are you bidding this retest or waiting for a confirmed breakout above $1,930?
$ETH