š $ETH /USDT Analysis:
The daily downtrend is showing signs of losing momentum, as the 4-hour chart consolidates and hints at a potential reversal base forming.
The 1-hour timeframe is currently leading with a short-term bullish shift, trading above both its 50 and 200 EMAs. Momentum is actively building, with the 1-hour RSI consistently holding above 50.
A precise entry is triggered by the 15-minute RSI confirming sustained strength above 50. This setup aims to capture the early wave of a potential larger recovery move for $ETH.
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š Actionable Setup (LONG)
Entry: 3162.65 - 3180.31
TP1: 3206.80
TP2: 3242.13
TP3: 3277.45
SL: 3136.16
