Is ETH ready to extend the daily climb?

🟢 LONG $ETH /USDT: expecting price to go UP
Bias: LONG · Leaning

Entry: 2555.07 – 2558.93
TP1: 2593.70 (+1.4%)
TP2: 2618.16 (+2.4%)
TP3: 2654.86 (+3.8%)
SL: 2508.07 (-1.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why LONG? 5/12 signals agree, 1 against.
• Daily trend up (above EMA50 & EMA200)
• Buyers are driving the move (15m ADX 29.3)
• BTC is rising, this coin follows (corr 0.84)
Risk: 4h trend down (below EMA50 & EMA200)

Why I like it:
The daily trend is bullish and the 1h price sits above 2557, so the short-term bias stays up. The 1h RSI is around 66, showing buyers still have the edge. The 4h stack is bearish, which keeps the overall conviction moderate. The strongest signal is the bullish daily trend, while the main risk is the 4h bearish stack pulling against it. This is a lean setup, not a high-conviction trade.

Where do you take profit if 2555 holds?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.