📊ETHUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 2553.799
• Support: 2423.63
• Resistance: 2669
• Current Price: 2571.78
📈Strategy:
Price is trading in the Premium Zone above the 20 SMA, signaling bullish momentum but also a favorable area for short entries. The 4H structure shows higher lows with a swing low at 2562.31, while resistance at 2669 caps upside. A rejection near current levels could trigger a retracement towards support at 2423.63. For longs, a breakout above 2669 with volume is needed to confirm continuation. Manage risk with tight stops.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 2553.799
• Support: 2423.63
• Resistance: 2669
• Current Price: 2571.78
📈Strategy:
Price is trading in the Premium Zone above the 20 SMA, signaling bullish momentum but also a favorable area for short entries. The 4H structure shows higher lows with a swing low at 2562.31, while resistance at 2669 caps upside. A rejection near current levels could trigger a retracement towards support at 2423.63. For longs, a breakout above 2669 with volume is needed to confirm continuation. Manage risk with tight stops.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇