๐ Technical analysis for coin $ETH โ ongoing strong upward momentum ๐ฅ
ยท Entry zone: $1706 โ $1709
ยท Targets: $1713 / $1717 / $1721 ๐
ยท Stop loss: $1702 โ ๏ธ
The price is witnessing repeated rebounds from the $1702โ$1709 zone, with a classic structure of higher lows and higher highs forming on the 15-minute timeframe. This confirms buyer interest with every pullback, increasing the likelihood of the uptrend continuing toward the next resistance levels.
Note: Momentum is building, and each downward wave becomes less deep than the previous oneโan encouraging sign for the trendโs continuation.
โ Are you thinking about entering now, or do you prefer waiting for a deeper retest?
โ ๏ธ Alert: This is technical analysis only and not financial advice. Always ensure proper capital and risk management.
#ETH #LongSetup #Continuation #Breakout #Crypto
ยท Entry zone: $1706 โ $1709
ยท Targets: $1713 / $1717 / $1721 ๐
ยท Stop loss: $1702 โ ๏ธ
The price is witnessing repeated rebounds from the $1702โ$1709 zone, with a classic structure of higher lows and higher highs forming on the 15-minute timeframe. This confirms buyer interest with every pullback, increasing the likelihood of the uptrend continuing toward the next resistance levels.
Note: Momentum is building, and each downward wave becomes less deep than the previous oneโan encouraging sign for the trendโs continuation.
โ Are you thinking about entering now, or do you prefer waiting for a deeper retest?
โ ๏ธ Alert: This is technical analysis only and not financial advice. Always ensure proper capital and risk management.
#ETH #LongSetup #Continuation #Breakout #Crypto