$ETH Overall trend remains bullish
· The market is forming lower highs (2777 -> 2743 -> 2739), indicating that bullish momentum has temporarily weakened
· Recent price action shows rejection wicks, suggesting the market is waiting for a clear catalyst to determine its next directional move
🟢 Prioritize long positions (buy the dips)
· $ETH Long entry: 2670 - 2690
· Stop loss: Below 2635 (recent swing low)
· Take profit:
· TP1: 2735 (immediate 1-hour resistance)
· TP2: 2775 (4-hour lower-high resistance)
· TP3: 2800+ (major daily resistance)
🔴 $ETH Short: Valid only if price firmly rejects the immediate resistance zone at 2730 - 2745
Support me by trading here 👇
#eth #etherreum
· The market is forming lower highs (2777 -> 2743 -> 2739), indicating that bullish momentum has temporarily weakened
· Recent price action shows rejection wicks, suggesting the market is waiting for a clear catalyst to determine its next directional move
🟢 Prioritize long positions (buy the dips)
· $ETH Long entry: 2670 - 2690
· Stop loss: Below 2635 (recent swing low)
· Take profit:
· TP1: 2735 (immediate 1-hour resistance)
· TP2: 2775 (4-hour lower-high resistance)
· TP3: 2800+ (major daily resistance)
🔴 $ETH Short: Valid only if price firmly rejects the immediate resistance zone at 2730 - 2745
Support me by trading here 👇
#eth #etherreum
