$ETH/USDT — 🟢 LONG · Conf 95%
📍 Entry: 2506.91 – 2521.99
🛑 SL: 2476.95
🎯 TP1: 2640.17
✅ TP2: 2740.75
🏆 TP3: 2891.62
The 4H market structure remains decidedly bullish with higher highs and higher lows holding firm above the key moving averages despite the recent pullback from the 2,665 local top.
About $ETH: Ethereum is the leading smart contract platform executing decentralized applications; its dynamic fee-burning mechanism reduces supply during high activity, though persistent layer-2 execution fragmentation continues to dilute mainnet gas fee revenues.
Does the sharp pullback from 2,665 signal a healthy cooling-off before continuation, or is the fading momentum setting up a trap for late buyers?
$ETH
📍 Entry: 2506.91 – 2521.99
🛑 SL: 2476.95
🎯 TP1: 2640.17
✅ TP2: 2740.75
🏆 TP3: 2891.62
The 4H market structure remains decidedly bullish with higher highs and higher lows holding firm above the key moving averages despite the recent pullback from the 2,665 local top.
About $ETH: Ethereum is the leading smart contract platform executing decentralized applications; its dynamic fee-burning mechanism reduces supply during high activity, though persistent layer-2 execution fragmentation continues to dilute mainnet gas fee revenues.
Does the sharp pullback from 2,665 signal a healthy cooling-off before continuation, or is the fading momentum setting up a trap for late buyers?
$ETH
