ETH is fluctuating around $2,420 after retesting the $2,318 support zone and beginning to show signs of a slight recovery. Short-term indicators show selling pressure easing, paving the way for a potential move higher.
$ETH – LONG
Trading setup:
Entry: $2,418.55 – $2,422.65
SL: $2,400.06
TP1: $2,457.57
TP2: $2,475.37
TP3: $2,495.91
Why this setup?
• The 4h trend is LONG; EMA20=$2,418.84, EMA50=$2,452.85.
• RSI 15m=25.2; RSI 4h=47.4.
• ATR 1h=$13.6936; entry is near the current price, and TP1 has an R:R of 1.8.
Key consideration:
If the price holds above the entry area and breaks through TP1, the profit potential may be realized; conversely, if a strong move goes against the position, the SL could be hit before the price recovers.
Click here to trade 👇
RULE: Keep the 5 price levels above unchanged; do not invent numbers, confidence levels, or news. Do not use the old format with Hook/Context/Scenario/Technical Levels, and do not write 'Trade Plan' or 'Debate'.
BINANCE DATA: ETH price $2,420.60, 24h +0.28% (up); daily support $2,318.00, daily resistance $2,777.33.
$ETH – LONG
Trading setup:
Entry: $2,418.55 – $2,422.65
SL: $2,400.06
TP1: $2,457.57
TP2: $2,475.37
TP3: $2,495.91
Why this setup?
• The 4h trend is LONG; EMA20=$2,418.84, EMA50=$2,452.85.
• RSI 15m=25.2; RSI 4h=47.4.
• ATR 1h=$13.6936; entry is near the current price, and TP1 has an R:R of 1.8.
Key consideration:
If the price holds above the entry area and breaks through TP1, the profit potential may be realized; conversely, if a strong move goes against the position, the SL could be hit before the price recovers.
Click here to trade 👇
RULE: Keep the 5 price levels above unchanged; do not invent numbers, confidence levels, or news. Do not use the old format with Hook/Context/Scenario/Technical Levels, and do not write 'Trade Plan' or 'Debate'.
BINANCE DATA: ETH price $2,420.60, 24h +0.28% (up); daily support $2,318.00, daily resistance $2,777.33.