📊 ETHUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 2269.639
• Support: 1905.2
• Resistance: 2549.4
• Current Price: 2516.44
📈 Strategy:
Price is trading in the premium zone above the 20 SMA, favoring a short-term bearish bias despite the bullish trend. The 4H swing high at 2549.4 acts as a key resistance, while support at 1905.2 remains the main floor. A rejection near resistance could trigger a retracement toward the next liquidity zone. Conservative entries near 2516.44 with a stop loss at 2440.9468 target 2629.6798, offering a 1:1.5 risk/reward.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 2269.639
• Support: 1905.2
• Resistance: 2549.4
• Current Price: 2516.44
📈 Strategy:
Price is trading in the premium zone above the 20 SMA, favoring a short-term bearish bias despite the bullish trend. The 4H swing high at 2549.4 acts as a key resistance, while support at 1905.2 remains the main floor. A rejection near resistance could trigger a retracement toward the next liquidity zone. Conservative entries near 2516.44 with a stop loss at 2440.9468 target 2629.6798, offering a 1:1.5 risk/reward.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇