📊ETHUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 2518.6595
• Support: 2365
• Resistance: 2669
• Current Price: 2645.32
📈Strategy:
Price is pressing against the 4H resistance at 2669 while holding above the 20 SMA. The premium zone suggests caution for longs, but a confirmed breakout above 2669 could accelerate bullish momentum towards the TP at 2764.36. With a 1:1.5 R/R long setup from current price, the key is defending the stop loss at 2565.96. Watch for rejection at resistance for a potential short opportunity.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 2518.6595
• Support: 2365
• Resistance: 2669
• Current Price: 2645.32
📈Strategy:
Price is pressing against the 4H resistance at 2669 while holding above the 20 SMA. The premium zone suggests caution for longs, but a confirmed breakout above 2669 could accelerate bullish momentum towards the TP at 2764.36. With a 1:1.5 R/R long setup from current price, the key is defending the stop loss at 2565.96. Watch for rejection at resistance for a potential short opportunity.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇