đETHUSDT 4H Market Update
⢠Trend: Bearish
⢠SMA (20): 2309.701
⢠Support: 2205.11
⢠Resistance: 2449.95
⢠Current Price: 2220.74
đStrategy:
Price is trading below the 20 SMA, confirming bearish momentum, but is currently in a discount zone near the 4H swing low of 2205.11. A retest of this support could offer a long opportunity with a tight stop above the recent swing at 2287.36. Target the 2120.81 liquidity zone for a 1:1.5 risk/reward. Wait for a bullish confirmation candle before entry.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ
⢠Trend: Bearish
⢠SMA (20): 2309.701
⢠Support: 2205.11
⢠Resistance: 2449.95
⢠Current Price: 2220.74
đStrategy:
Price is trading below the 20 SMA, confirming bearish momentum, but is currently in a discount zone near the 4H swing low of 2205.11. A retest of this support could offer a long opportunity with a tight stop above the recent swing at 2287.36. Target the 2120.81 liquidity zone for a 1:1.5 risk/reward. Wait for a bullish confirmation candle before entry.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ