$ETH (📈 Buy)
First Entry Point 📊 2,635.84
🚫 Stop Loss: 2,602.94
First Target 2,668.00
Second Target 2,679.56
Third Target 2,700.00
Fourth Target Open
$ETH
The pair is consolidating around 2,635.84 after correcting from the peak of 2,668.00, within a clear uptrend channel that has been forming since the low of 2,436.89. The RSI(6) is at 45.18, having fallen back from a previous overbought peak (near 90). It is now in a neutral zone that leans slightly downward, suggesting a healthy correction rather than a reversal. Entering here bets on a bounce from the current support area and the continuation of the overall uptrend, with a stop-loss below the low of the latest consolidation to protect the trade if the correction deepens.
$ETH
First Entry Point 📊 2,635.84
🚫 Stop Loss: 2,602.94
First Target 2,668.00
Second Target 2,679.56
Third Target 2,700.00
Fourth Target Open
$ETH
The pair is consolidating around 2,635.84 after correcting from the peak of 2,668.00, within a clear uptrend channel that has been forming since the low of 2,436.89. The RSI(6) is at 45.18, having fallen back from a previous overbought peak (near 90). It is now in a neutral zone that leans slightly downward, suggesting a healthy correction rather than a reversal. Entering here bets on a bounce from the current support area and the continuation of the overall uptrend, with a stop-loss below the low of the latest consolidation to protect the trade if the correction deepens.
$ETH
