📈 ETH — STRONG IMPULSIVE RECOVERY & TESTING MA RESISTANCE! 🚀
$ETH is trading higher at 2,394.09 (+3.50%, or roughly Rs662,061.65), moving within an active 24-hour range between a high of 2,449.95 and a low of 2,311.11. Price action on this 4-hour chart displays a strong impulsive markup following the sharp bounce off the 2,172.85 low, pushing up to test the fast MA(7) (2,415.47) while remaining safely above the MA(25) (2,315.04) and macro structural MA(99) (2,338.42) moving averages.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,300.00–2,360.00 (on healthy intraday retracements or retests of the MA(99) support base)
🛑 STOP LOSS: 2,250.00
🎯 TP1: 2,460.00
🎯 TP2: 2,550.00
❓Are you watching for Ethereum to break cleanly above the MA(7) resistance and push toward the $2,450+ highs, or expecting a short-term consolidation pullback?
Let's discuss below! 👇
👉 Trade: $ETH
#ETH #Ethereum #cryptotrading #BinanceSquare #TradingSignal
$ETH is trading higher at 2,394.09 (+3.50%, or roughly Rs662,061.65), moving within an active 24-hour range between a high of 2,449.95 and a low of 2,311.11. Price action on this 4-hour chart displays a strong impulsive markup following the sharp bounce off the 2,172.85 low, pushing up to test the fast MA(7) (2,415.47) while remaining safely above the MA(25) (2,315.04) and macro structural MA(99) (2,338.42) moving averages.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,300.00–2,360.00 (on healthy intraday retracements or retests of the MA(99) support base)
🛑 STOP LOSS: 2,250.00
🎯 TP1: 2,460.00
🎯 TP2: 2,550.00
❓Are you watching for Ethereum to break cleanly above the MA(7) resistance and push toward the $2,450+ highs, or expecting a short-term consolidation pullback?
Let's discuss below! 👇
👉 Trade: $ETH
#ETH #Ethereum #cryptotrading #BinanceSquare #TradingSignal
