📊ETHUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 2495.589
• Support: 2365
• Resistance: 2662
• Current Price: 2645.53
📈Strategy:
Price is trading in the Premium Zone above the 20 SMA, favoring short setups near resistance. The 4H structure shows a bullish bias with higher highs, but current price at 2645.53 is just below the 4H swing high of 2646.94. A rejection from 2662 resistance could trigger a move toward support at 2365. Watch for bearish confirmation before entering shorts with a target of 2764.58 (1:1.5 R/R).
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 2495.589
• Support: 2365
• Resistance: 2662
• Current Price: 2645.53
📈Strategy:
Price is trading in the Premium Zone above the 20 SMA, favoring short setups near resistance. The 4H structure shows a bullish bias with higher highs, but current price at 2645.53 is just below the 4H swing high of 2646.94. A rejection from 2662 resistance could trigger a move toward support at 2365. Watch for bearish confirmation before entering shorts with a target of 2764.58 (1:1.5 R/R).
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇