ETH +5.8% and the bigger picture is lining up — bullish momentum is still in control.
My bias remains bullish on $ETH . The 1h, daily, weekly, and BTC structures are aligned, so this setup is not fighting the broader trend.
The first upside target is 2746. If that level breaks and holds, the next expansion zone is 2847.
The preferred long area is a pullback into the 2669–2635 demand zone, where the 2669 reaction and unfilled imbalance create a potential entry pocket. I would wait for a liquidity sweep, bullish engulfing or pin bar, followed by a lower-timeframe structure shift before entering.
Volume is relatively quiet at 0.53x while RSI sits at 72.6, so chasing the current highs is not the setup I want.
Take-profit levels:
TP1: 2708
TP2: 2746
TP3: 2847
Risk protection should sit beyond the structure flip / last higher low. A close below 2565.66 would invalidate the bullish thesis and shift the bias bearish.
Flow: OI $6.53B (+8.8% 24h) | Funding +0.0100% | Taker 0.88x
$ETH
#ETH #Ethereum #CryptoTrading #Altcoins #BinanceSquare
My bias remains bullish on $ETH . The 1h, daily, weekly, and BTC structures are aligned, so this setup is not fighting the broader trend.
The first upside target is 2746. If that level breaks and holds, the next expansion zone is 2847.
The preferred long area is a pullback into the 2669–2635 demand zone, where the 2669 reaction and unfilled imbalance create a potential entry pocket. I would wait for a liquidity sweep, bullish engulfing or pin bar, followed by a lower-timeframe structure shift before entering.
Volume is relatively quiet at 0.53x while RSI sits at 72.6, so chasing the current highs is not the setup I want.
Take-profit levels:
TP1: 2708
TP2: 2746
TP3: 2847
Risk protection should sit beyond the structure flip / last higher low. A close below 2565.66 would invalidate the bullish thesis and shift the bias bearish.
Flow: OI $6.53B (+8.8% 24h) | Funding +0.0100% | Taker 0.88x
$ETH
#ETH #Ethereum #CryptoTrading #Altcoins #BinanceSquare