đETHUSDT 4H Market Update
âą Trend: Bearish
âą SMA (20): 2309.701
âą Support: 2205.11
âą Resistance: 2449.95
âą Current Price: 2220.74
đStrategy:
Price is trading below the 20 SMA, confirming bearish momentum, but is currently in a discount zone near the 4H swing low of 2205.11. A retest of this support could offer a long opportunity with a tight stop above the recent swing at 2287.36. Target the 2120.81 liquidity zone for a 1:1.5 risk/reward. Wait for a bullish confirmation candle before entry.
đ Don't forget to follow for more updates! & Your Future Eye
â ïž Not financial advice - always DYOR.
Click Here To Trade đ
âą Trend: Bearish
âą SMA (20): 2309.701
âą Support: 2205.11
âą Resistance: 2449.95
âą Current Price: 2220.74
đStrategy:
Price is trading below the 20 SMA, confirming bearish momentum, but is currently in a discount zone near the 4H swing low of 2205.11. A retest of this support could offer a long opportunity with a tight stop above the recent swing at 2287.36. Target the 2120.81 liquidity zone for a 1:1.5 risk/reward. Wait for a bullish confirmation candle before entry.
đ Don't forget to follow for more updates! & Your Future Eye
â ïž Not financial advice - always DYOR.
Click Here To Trade đ