$ETH: Liquidation Squeeze: Bears Trapped Near Critical Resistance
LONG SETUP ETH
Entry: $2709.24 - $2722.82
Stop Loss: $2607.39
Take Profit: $2933.31 (2R)
Key Levels: Support $2689.47 | Resistance $2722.00
Technical Analysis for $ETH: $ETH fallback technical analysis: RSI is 60.0, showing bullish momentum without being deeply overbought, price is holding above the 21 EMA, supporting the bullish bias, MACD is above its signal line, confirming positive momentum, volume is contracting by 49.1%, and price is above the 50 EMA, keeping the short-term structure constructive. Together, these signals support a conditional LONG continuation setup.
Can $ETH hold support and challenge resistance? Follow for more data-led market setups.
LONG $ETH
LONG SETUP ETH
Entry: $2709.24 - $2722.82
Stop Loss: $2607.39
Take Profit: $2933.31 (2R)
Key Levels: Support $2689.47 | Resistance $2722.00
Technical Analysis for $ETH: $ETH fallback technical analysis: RSI is 60.0, showing bullish momentum without being deeply overbought, price is holding above the 21 EMA, supporting the bullish bias, MACD is above its signal line, confirming positive momentum, volume is contracting by 49.1%, and price is above the 50 EMA, keeping the short-term structure constructive. Together, these signals support a conditional LONG continuation setup.
Can $ETH hold support and challenge resistance? Follow for more data-led market setups.
LONG $ETH
