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Ethereum: The Sleeping Giant is Waking Up! | March 27 Trade Setup 📈
While everyone is watching the smaller altcoins pump and dump, $ETH is quietly forming a massive bullish structure on the H4 timeframe. If you’ve been waiting for a high-probability setup, this is it. Why I’m watching ETH today: 1️⃣ The Retest is Over: We just saw a perfect bounce off the EMA 25 support. This confirms that the buyers are in control and the "dip-buyers" are active. 2️⃣ L2 Momentum: With the recent upgrades in the Ethereum ecosystem, gas fees are lower, and on-chain activity is surging. This fundamental growth is finally reflecting in the price action. 3️⃣ RSI Room to Grow: At an RSI of 58, we aren't even close to being "overheated." There is a clear path to $3,750 before we see any significant resistance. My Trading Plan for Today: 🔹 Entry Zone: $3,590 - $3,615 🔹 First Target: $3,690 (Secure some profits here!) 🔹 Final Target: $3,750 (Major resistance level) 🔹 Stop Loss: $3,520 (To protect capital