$ETH: Holds Moving Average Support: High Probability Long Setup
LONG SETUP ETH
Entry: $2696.56 - $2698.17
Stop Loss: $2602.80
Take Profit: $2886.49 (2R)
Key Levels: Support $2696.56 | Resistance $2707.99
Technical Analysis for $ETH: Price sits above EMA9, EMA21, EMA50 and EMA200, confirming bullish bias. MACD histogram is positive and RSI at 61 supports momentum, while Stochastic near 74/80 hints at shortterm overbought pressure. A break below the 1H support 2696.5 would invalidate the view. Watch for a hold above 2696.5 and a push toward 2708 resistance.
Market Context: BTC stays bullish on 4H and 1D charts, trading above its EMA20 and EMA50. The broader market is broadly positive, with 74.5%
Can $ETH hold support and challenge resistance? Follow for more data-led market setups.
LONG $ETH
LONG SETUP ETH
Entry: $2696.56 - $2698.17
Stop Loss: $2602.80
Take Profit: $2886.49 (2R)
Key Levels: Support $2696.56 | Resistance $2707.99
Technical Analysis for $ETH: Price sits above EMA9, EMA21, EMA50 and EMA200, confirming bullish bias. MACD histogram is positive and RSI at 61 supports momentum, while Stochastic near 74/80 hints at shortterm overbought pressure. A break below the 1H support 2696.5 would invalidate the view. Watch for a hold above 2696.5 and a push toward 2708 resistance.
Market Context: BTC stays bullish on 4H and 1D charts, trading above its EMA20 and EMA50. The broader market is broadly positive, with 74.5%
Can $ETH hold support and challenge resistance? Follow for more data-led market setups.
LONG $ETH
