🚨 $ETH BUY SETUP: WILL ETH RECLAIM $2,564? 🚀
$ETH is showing strong selling pressure on the 1-minute chart, but I’m watching closely for a possible short-term recovery.
📊 My ETH/$USDT Trading Plan
🟢 Buy Trigger: Break and hold above $2,564.60
🎯 Entry Zone: $2,564.00–$2,564.60 after a successful retest
🛑 Stop-Loss: $2,562.50
💰 Take-Profit Targets:
* TP1: $2,566.00
* TP2: $2,566.70
* TP3: $2,568.00
What am I watching?
ETH is trading below its short-term moving averages, and the recent sell-off came with a noticeable increase in volume. This suggests sellers are still in control.
For buyers, the key is to see ETH reclaim the $2,564–$2,565 area and hold it. Without confirmation, jumping in too early could be risky.
⚠️ My strategy: No blind entry. I’ll wait for a breakout and retest before considering a buy. If the setup fails, I’ll stay out and protect my capital.
What do you think? Is ETH preparing for a bounce, or could sellers push it lower?
Share your thoughts below! 👇
#ETH #Ethereum #CryptoTrading #BinanceSquare #TechnicalAnalysis
$ETH is showing strong selling pressure on the 1-minute chart, but I’m watching closely for a possible short-term recovery.
📊 My ETH/$USDT Trading Plan
🟢 Buy Trigger: Break and hold above $2,564.60
🎯 Entry Zone: $2,564.00–$2,564.60 after a successful retest
🛑 Stop-Loss: $2,562.50
💰 Take-Profit Targets:
* TP1: $2,566.00
* TP2: $2,566.70
* TP3: $2,568.00
What am I watching?
ETH is trading below its short-term moving averages, and the recent sell-off came with a noticeable increase in volume. This suggests sellers are still in control.
For buyers, the key is to see ETH reclaim the $2,564–$2,565 area and hold it. Without confirmation, jumping in too early could be risky.
⚠️ My strategy: No blind entry. I’ll wait for a breakout and retest before considering a buy. If the setup fails, I’ll stay out and protect my capital.
What do you think? Is ETH preparing for a bounce, or could sellers push it lower?
Share your thoughts below! 👇
#ETH #Ethereum #CryptoTrading #BinanceSquare #TechnicalAnalysis