📉 ETH — PULLBACK & TESTING LOCAL SUPPORT BASE! 🔄
$ETH is trading lower at 2,073.76 (-2.18%, or roughly Rs573,602.02), moving within an active 24-hour range between a high of 2,151.25 and a low of 2,026.11. Price action on this 4-hour chart displays a continued cooling pullback following the rejection from the 2,449.95 peak, hovering just beneath the fast MA(7) (2,114.99) and MA(25) (2,184.42) while staying below the macro structural MA(99) (2,271.80) moving average band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,950.00–2,020.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 1,910.00
🎯 TP1: 2,200.00
🎯 TP2: 2,350.00
❓Are you watching for Ethereum to hold this local support shelf and attempt a rebound toward the moving average bands, or expecting a deeper flush toward the $1,950 zone?
Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #TradingSignal
$ETH is trading lower at 2,073.76 (-2.18%, or roughly Rs573,602.02), moving within an active 24-hour range between a high of 2,151.25 and a low of 2,026.11. Price action on this 4-hour chart displays a continued cooling pullback following the rejection from the 2,449.95 peak, hovering just beneath the fast MA(7) (2,114.99) and MA(25) (2,184.42) while staying below the macro structural MA(99) (2,271.80) moving average band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 1,950.00–2,020.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, or structural stabilization signs)
🛑 STOP LOSS: 1,910.00
🎯 TP1: 2,200.00
🎯 TP2: 2,350.00
❓Are you watching for Ethereum to hold this local support shelf and attempt a rebound toward the moving average bands, or expecting a deeper flush toward the $1,950 zone?
Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #TradingSignal
