$ETH: Smart Money Flow Increases into $ETH Ahead of Catalysts
LONG SETUP ETH
Entry: $2358.00 - $2362.00
Stop Loss: $2275.50
Take Profit: $2529.00 (2R)
Key Levels: Support $2350.99 | Resistance $2369.26
Technical Analysis for $ETH: MACD line sits 0.28 above its signal, while the histogram stays positive, confirming bullish momentum. RSI at 63 and Stochastic K (73) above D (51) indicate upward strength without extreme overbought. Price rests above the 9, 21 and 50EMA, and ADX 32 shows a solid trend. Orderbook imbalance (+13.7% bids) adds buying pressure.
Market Context: BTC is up 1.6% on the day, with mixed 4H and 1D trends, and the broader market shows a strongly positive breadth.
LONG $ETH
LONG SETUP ETH
Entry: $2358.00 - $2362.00
Stop Loss: $2275.50
Take Profit: $2529.00 (2R)
Key Levels: Support $2350.99 | Resistance $2369.26
Technical Analysis for $ETH: MACD line sits 0.28 above its signal, while the histogram stays positive, confirming bullish momentum. RSI at 63 and Stochastic K (73) above D (51) indicate upward strength without extreme overbought. Price rests above the 9, 21 and 50EMA, and ADX 32 shows a solid trend. Orderbook imbalance (+13.7% bids) adds buying pressure.
Market Context: BTC is up 1.6% on the day, with mixed 4H and 1D trends, and the broader market shows a strongly positive breadth.
LONG $ETH
