📈 ETH — RECOVERY BOUNCE & TESTING THE MOVING AVERAGE CLUSTER! 🔄
$ETH is trading higher at 2,277.01 (+0.45%, or roughly Rs629,684.35), moving within an active 24-hour range between a high of 2,317.59 and a low of 2,244.48. Price action on this 4-hour chart displays a solid recovery bounce off the 2,172.85 capitulation low, crossing right above the fast MA(7) (2,279.00) and MA(25) (2,264.56) while pushing toward the macro structural MA(99) (2,352.82) resistance band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,180.00–2,245.00 (on healthy intraday retests or stabilization near local support)
🛑 STOP LOSS: 2,135.00
🎯 TP1: 2,360.00
🎯 TP2: 2,450.00
❓Are you watching for Ethereum to break through the MA(99) resistance line and continue its rebound toward $2,390+, or expecting a retest of the lower base?
Let's discuss below! 👇
👉 Trade: $ETH
#ETH #Ethereum #cryptotrading #BinanceSquare #TradingSignal
$ETH is trading higher at 2,277.01 (+0.45%, or roughly Rs629,684.35), moving within an active 24-hour range between a high of 2,317.59 and a low of 2,244.48. Price action on this 4-hour chart displays a solid recovery bounce off the 2,172.85 capitulation low, crossing right above the fast MA(7) (2,279.00) and MA(25) (2,264.56) while pushing toward the macro structural MA(99) (2,352.82) resistance band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,180.00–2,245.00 (on healthy intraday retests or stabilization near local support)
🛑 STOP LOSS: 2,135.00
🎯 TP1: 2,360.00
🎯 TP2: 2,450.00
❓Are you watching for Ethereum to break through the MA(99) resistance line and continue its rebound toward $2,390+, or expecting a retest of the lower base?
Let's discuss below! 👇
👉 Trade: $ETH
#ETH #Ethereum #cryptotrading #BinanceSquare #TradingSignal
