Headline: $ETH BREAKOUT â THE RELIEF RALLY IS HERE! đ
Analysis:
After the geopolitical de-escalation, $ETH has finally printed a massive bullish engulfing candle on the 4H chart, reclaiming key EMAs. Weâve successfully broken the long-term downtrend line, signaling a shift in market structure. While the momentum is strong, RSI is screaming "overbought" on lower timeframes. Patience is keyâdon't chase the green candles!
The Setup:
đč Direction: LONG
đč Entry Zone: $2,220 - $2,235 (Waiting for the retest)
đč Targets: $2,270 | $2,310 | $2,360+
đč Stop Loss: $2,185
đč Risk Management: 3-5% Account Risk.
The trend is your friend until the end. Letâs print some money together! đ°
#ETH $ETH
Analysis:
After the geopolitical de-escalation, $ETH has finally printed a massive bullish engulfing candle on the 4H chart, reclaiming key EMAs. Weâve successfully broken the long-term downtrend line, signaling a shift in market structure. While the momentum is strong, RSI is screaming "overbought" on lower timeframes. Patience is keyâdon't chase the green candles!
The Setup:
đč Direction: LONG
đč Entry Zone: $2,220 - $2,235 (Waiting for the retest)
đč Targets: $2,270 | $2,310 | $2,360+
đč Stop Loss: $2,185
đč Risk Management: 3-5% Account Risk.
The trend is your friend until the end. Letâs print some money together! đ°
#ETH $ETH