$ETH /USDT Technical Analysis: Potential Long Setup 📈

For $ETH /USDT, the daily trend remains bearish. However, the current 4-hour chart shows the price oscillating above its EMA50, indicating a consolidation phase within the overall downtrend.

The 1-hour chart displays a stronger bullish orientation, with the price above both EMA50 and EMA200. A key factor for short-term movement is the 15-minute RSI crossing above 50. 🚀

This convergence suggests a potential bounce in a larger range. The setup provides a clear entry point with a defined stop, targeting the first TP level. Always manage your risk responsibly. 🛡️

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**📈 Actionable Long Setup:**

Entry: 3125.515701 – 3143.488935

TP1: 3170.448786

TP2: 3206.395254

TP3: 3242.341722

SL: 3098.55585