đETHUSDT 4H Market Update
⢠Trend: Bullish
⢠SMA (20): 2554.135
⢠Support: 2423.63
⢠Resistance: 2669
⢠Current Price: 2578.51
đStrategy:
Price is currently trading in the Premium Zone above the 20 SMA, favoring short positions. The 4H structure shows a clean swing low at 2562.31 and resistance at 2669. A break below the 2562.31 level could invalidate the bullish bias, while holding above the SMA suggests continued upward pressure. The calculated setup targets 2694.54 with a stop at 2501.15, offering a 1:1.5 risk-to-reward ratio.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ
⢠Trend: Bullish
⢠SMA (20): 2554.135
⢠Support: 2423.63
⢠Resistance: 2669
⢠Current Price: 2578.51
đStrategy:
Price is currently trading in the Premium Zone above the 20 SMA, favoring short positions. The 4H structure shows a clean swing low at 2562.31 and resistance at 2669. A break below the 2562.31 level could invalidate the bullish bias, while holding above the SMA suggests continued upward pressure. The calculated setup targets 2694.54 with a stop at 2501.15, offering a 1:1.5 risk-to-reward ratio.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ