đš $ETH BUY SETUP: WILL ETH RECLAIM $2,564? đ
$ETH is showing strong selling pressure on the 1-minute chart, but Iâm watching closely for a possible short-term recovery.
đ My ETH/$USDT Trading Plan
đą Buy Trigger: Break and hold above $2,564.60
đŻ Entry Zone: $2,564.00â$2,564.60 after a successful retest
đ Stop-Loss: $2,562.50
đ° 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 $2,564â$2,565 area and hold it. Without confirmation, jumping in too early could be risky.
â ïž My strategy: No blind entry. Iâll wait for a breakout and retest before considering a buy. If the setup fails, Iâll 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! đ
#ETH #Ethereum #CryptoTrading #BinanceSquare #TechnicalAnalysis
$ETH is showing strong selling pressure on the 1-minute chart, but Iâm watching closely for a possible short-term recovery.
đ My ETH/$USDT Trading Plan
đą Buy Trigger: Break and hold above $2,564.60
đŻ Entry Zone: $2,564.00â$2,564.60 after a successful retest
đ Stop-Loss: $2,562.50
đ° 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 $2,564â$2,565 area and hold it. Without confirmation, jumping in too early could be risky.
â ïž My strategy: No blind entry. Iâll wait for a breakout and retest before considering a buy. If the setup fails, Iâll 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! đ
#ETH #Ethereum #CryptoTrading #BinanceSquare #TechnicalAnalysis