$ETH This isn’t a reversal; it’s the closing act speaking. BTC has held its structure on the four-hour timeframe after a pullback, with trading volume contracting in an orderly manner. This suggests selling pressure is being gradually absorbed rather than accelerating. The key support zone has been tested repeatedly, yet price has consistently closed above the structure. This kind of price action typically points to a change in hands, not a trend reversal.
The short-term moving averages above are starting to flatten. If price reclaims the area near the previous high on strong volume, the bullish alignment will take control of the momentum again. I’m inclined to enter long after confirmation on the pullback. The reasoning is simple: the structure is intact, and a low-volume pullback offers an opportunity, not a risk.
🟢 Trade direction: Long
📍 Entry range: 2435 – 2380
🛑 Stop loss: 2350
🎯 Take profit 1: 2465
🎯 Take profit 2: 2498
Take in the vastness of mountains and seas; observe the market’s finer details.
Walk with Uncle Xiong and witness the gains and losses of the world.
#ETH
Click below to trade 👇
The short-term moving averages above are starting to flatten. If price reclaims the area near the previous high on strong volume, the bullish alignment will take control of the momentum again. I’m inclined to enter long after confirmation on the pullback. The reasoning is simple: the structure is intact, and a low-volume pullback offers an opportunity, not a risk.
🟢 Trade direction: Long
📍 Entry range: 2435 – 2380
🛑 Stop loss: 2350
🎯 Take profit 1: 2465
🎯 Take profit 2: 2498
Take in the vastness of mountains and seas; observe the market’s finer details.
Walk with Uncle Xiong and witness the gains and losses of the world.
#ETH
Click below to trade 👇