📊ETHUSDT 4H Market Update
• Trend: Bearish
• SMA (20): 2309.701
• Support: 2205.11
• Resistance: 2449.95
• Current Price: 2220.74
📈Strategy:
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.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bearish
• SMA (20): 2309.701
• Support: 2205.11
• Resistance: 2449.95
• Current Price: 2220.74
📈Strategy:
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.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇