📊 $ETH Technical Analysis & Setup
$ETH is holding steady with a bullish 1h structure locked in, backed by supportive daily/weekly trends and alignment with broader market momentum.
• Key Support / Demand: 2707.00, 2722.32 cluster, with deeper demand at 2671.10 and 2647.90.
• Resistance / Supply Targets: 2738.68 swing high, with a continuation target at 2779.00.
• Trigger / Confirmation: Wait for clear bullish engulfing, pin bar rejection from the support zone, or a lower-timeframe market structure shift back up before entry.
• Risk / Invalidation: Place stops well below the 2692.82 higher low. A 1h close below this invalidates the bullish bias.
• Market Execution: Moderate seller dominance noted; manage risk tightly against key technical pivots.
DYOR, Educational setup, not financial advice.
#BinanceSquare #Crypto #ETH #Trading
$ETH is holding steady with a bullish 1h structure locked in, backed by supportive daily/weekly trends and alignment with broader market momentum.
• Key Support / Demand: 2707.00, 2722.32 cluster, with deeper demand at 2671.10 and 2647.90.
• Resistance / Supply Targets: 2738.68 swing high, with a continuation target at 2779.00.
• Trigger / Confirmation: Wait for clear bullish engulfing, pin bar rejection from the support zone, or a lower-timeframe market structure shift back up before entry.
• Risk / Invalidation: Place stops well below the 2692.82 higher low. A 1h close below this invalidates the bullish bias.
• Market Execution: Moderate seller dominance noted; manage risk tightly against key technical pivots.
DYOR, Educational setup, not financial advice.
#BinanceSquare #Crypto #ETH #Trading
