$ETH Ethereum (ETH/USDT) Analysis
The price is trading in an accumulation zone above the 24-hour low set at 2,656.92, where it is currently at 2,673.94. The 1-hour timeframe (1h) shows price movement stabilization and the beginning of a bounce, supporting the target of the 24-hour high at 2,748.60.
Trade type: Buy (Buy / Long)
Entry zone: 2,665.00 - 2,675.00
First target: 2,710.00
Second target: 2,748.00 (retest of the 24-hour high)
Stop Loss: 2,648.00 (break of the 24-hour low and staying below it)
The price is trading in an accumulation zone above the 24-hour low set at 2,656.92, where it is currently at 2,673.94. The 1-hour timeframe (1h) shows price movement stabilization and the beginning of a bounce, supporting the target of the 24-hour high at 2,748.60.
Trade type: Buy (Buy / Long)
Entry zone: 2,665.00 - 2,675.00
First target: 2,710.00
Second target: 2,748.00 (retest of the 24-hour high)
Stop Loss: 2,648.00 (break of the 24-hour low and staying below it)
