BankruptSam

$ETH
{future}(ETHUSDT)

{spot}(ETHUSDT)
Hey Binance Square Family! 🌟 Ready to sharpen your trading lens? Here’s a fresh take on ETHUSDT—zoom out, simplify, and capture the bigger picture. Let’s dive in!

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📊 Big Picture Trend: Upward Channel Intact

ETH is currently trading within a broad ascending channel, finding support around 2600–2675 USDT and resistance near 2940 USDT .

A breakout above the upper channel edge could propel ETH toward 3300 USDT, the next potential target flagged by a bullish continuation setup .

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🛠 Key Indicators & Levels to Watch

Moving Averages (MA 7 / 25 / 99): All are positioned below the current price—bullish bias .

Ichimoku Cloud: Price remains above the cloud, with strong support at ~2675 USDT .

Bollinger Bands: Narrowing bands signal a possible surge in volatility soon .

Parabolic SAR: Indicator dots are below price—bullish signal remains intact .

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🔁 Price Action Scenarios

1. Bullish Continuation

If ETH holds above 2600–2675 USDT and breaks the short-term purple trendline, the momentum may carry price toward 2940 USDT, with upside toward 3300 USDT .

Keep volume and volatility indicators on your radar to confirm the breakout’s strength.

2. Cautious Pullback

A drop below 2600 USDT could trigger a decline to the next support at 2450 USDT or revisit the ascending channel base .

Watch for oversold signals to reassess your entry zone.

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🎯 Trade Strategy Summary

Position Type Entry Zone Stop-Loss Take Profit

Long $2600–2675 <$2600 $2940 → $3300
Short <$2600 >$2675 $2450 (channel base)

Risk tip: Always set a clear stop-loss and define your risk-to-reward ratio before entering.

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💡 Why Zooming Out Matters

Sometimes, focusing too narrowly causes you to miss key support or resistance zones. By observing the broader trend structure, you can:

Identify high-value entry zones within the channel (e.g., near 2600).

Spot trend continuation patterns, such as bullish flags or breakouts.

Avoid being whipsawed by noise in short timeframes.

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🧭 Final Word: Clarity Through Perspective

Zooming out helps you see the bigger market structure, guiding smarter entry decisions at critical levels. ETH remains bullish unless it drops below 2600—stay agile, and ride the trend!

Let’s chat: What’s your entry level on ETH? Planning to ride the channel breakout, or waiting for a deeper pullback?

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> Disclaimer: This post is for informational purposes only. Always DYOR and never trade more than you can afford to lose. Stay disciplined, stay smart. 💛