🚨 $ETH
LONG SETUP (on pullback) 🚨
ETH is trading around $2,695 on the 1H, sitting right on the MA7 / MA25 / MA99 cluster after bouncing from the $2,648 area. The spike to $2,779 got sold off hard, but buyers stepped in, and ETH has been printing higher lows since. I'm not chasing. I'm waiting for a dip into the MA support zone. 📈
Entry: $2,684 – $2,692
TP1: $2,706
TP2: $2,730
TP3: $2,760
SL: $2,672
🔹 Why ETH is on watch
- Price is holding on all three MAs: MA7 ($2,697), MA25 ($2,692), and MA99 ($2,694)
- Higher lows keep forming since the dump, and buyers have defended every dip
- The MAs are tightening, which usually comes before an expansion move
- Support is stacked at $2,684–$2,694, with resistance at $2,706 and then the $2,779 high
🔹 Risk/reward: about 1.1R to TP1 and 4.5R to TP3 from the middle of the entry zone ($2,688)
⚠️ Invalidation: a 1H close below $2,672 cancels the setup.
Not financial advice. Trade at your own risk.
Follow for more setups like this! 🔔
#ETH #ETHUSDT #Ethereum
LONG SETUP (on pullback) 🚨
ETH is trading around $2,695 on the 1H, sitting right on the MA7 / MA25 / MA99 cluster after bouncing from the $2,648 area. The spike to $2,779 got sold off hard, but buyers stepped in, and ETH has been printing higher lows since. I'm not chasing. I'm waiting for a dip into the MA support zone. 📈
Entry: $2,684 – $2,692
TP1: $2,706
TP2: $2,730
TP3: $2,760
SL: $2,672
🔹 Why ETH is on watch
- Price is holding on all three MAs: MA7 ($2,697), MA25 ($2,692), and MA99 ($2,694)
- Higher lows keep forming since the dump, and buyers have defended every dip
- The MAs are tightening, which usually comes before an expansion move
- Support is stacked at $2,684–$2,694, with resistance at $2,706 and then the $2,779 high
🔹 Risk/reward: about 1.1R to TP1 and 4.5R to TP3 from the middle of the entry zone ($2,688)
⚠️ Invalidation: a 1H close below $2,672 cancels the setup.
Not financial advice. Trade at your own risk.
Follow for more setups like this! 🔔
#ETH #ETHUSDT #Ethereum