Brothers, on the ETH 1-hour chart, let me explain the current situation clearly for you with my forward-cannon setup!
Previously, we were watching the bullish key level at 2779. Price pushed up, but it didn’t hold—then it was hit and pulled back. Now it’s consolidating around 2743.
Remember these two core levels—keep a close watch:
First, if you want to go long, you must regain and hold above 2779. If that level isn’t held, the bullish move doesn’t count as a true start.
Second, defend the life line at 2710.63. Once the candle body breaks below this level, this bullish structure is directly invalidated, and the thinking should switch to short.
My targets were written out in advance too: the first target is 2821, and then 2843 and 2881.
Now don’t rush to surge!
This is the pullback stage after a failed breakout—the market is currently choosing a direction.
Either it regains strength and pushes again to 2779, and the brothers who follow will profit;
Or it breaks straight through 2710—then we’ll give up the long-side idea.
Trading is about waiting for signals. If the trigger level hasn’t been reached, don’t enter early and gamble on the direction. Wait patiently for the market to give you the answer! #ETH
Previously, we were watching the bullish key level at 2779. Price pushed up, but it didn’t hold—then it was hit and pulled back. Now it’s consolidating around 2743.
Remember these two core levels—keep a close watch:
First, if you want to go long, you must regain and hold above 2779. If that level isn’t held, the bullish move doesn’t count as a true start.
Second, defend the life line at 2710.63. Once the candle body breaks below this level, this bullish structure is directly invalidated, and the thinking should switch to short.
My targets were written out in advance too: the first target is 2821, and then 2843 and 2881.
Now don’t rush to surge!
This is the pullback stage after a failed breakout—the market is currently choosing a direction.
Either it regains strength and pushes again to 2779, and the brothers who follow will profit;
Or it breaks straight through 2710—then we’ll give up the long-side idea.
Trading is about waiting for signals. If the trigger level hasn’t been reached, don’t enter early and gamble on the direction. Wait patiently for the market to give you the answer! #ETH
