🔥🔥ETHFI/USDT 🔥🔥
🚀 Technical Analysis Update 🚀
📊 Technical Analysis: 4-Hour Chart
📈 Accumulation Zone: 4.239 to 2.84
🔥 Positive Sign: We’ve spotted huge accumulation in the 4-hour chart! 📊
🌟 Key Insights:
🚀The price action indicates a strong base forming between 4.239 and 2.84. Bulls are quietly accumulating.
🚀Resistance Breakout: Once we breach the 4.239 resistance with a surge in volume and a close above it, we’ll have confirmation that the accumulation has been executed wisely.
🛑 Risk Management:
📈Set a stop loss at 2.84 to protect your position.
📈Target Price: Ride the trend until 11.4 for a 4:1 risk-to-reward ratio.
⏰ Time Frame: Stick to the 4-hour chart for accurate analysis. Remember, volume matters as you extend your time frame.
🎯 Trade Smart, Trade Safe! 🎯
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Disclaimer: This is not financial advice. Always do your own research before making any trading decisions.1
