๐Ÿ“Š ETH/USDT Trade Setup - Analysis and Strategy

Current Market Overview:

Price: $3,655.39

24H Change: -6.99%

Trend: Bearish on the 4H timeframe.

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Potential Trade Setups

๐ŸŸข Long Setup:

Buying Zone: $3,500โ€“$3,600

Target 1: $3,800

Target 2: $3,950

Stop Loss: Below $3,480

๐Ÿ”ด Short Setup:

Entry Zone: $3,700โ€“$3,800 (if price tests resistance)

Target 1: $3,600

Target 2: $3,500

Stop Loss: Above $3,850

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Key Levels to Watch

Support Levels:

$3,509 (24H low)

$3,400 (major support zone)

Resistance Levels:

$3,800 (immediate resistance)

$3,948 (24H high and strong resistance)

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โš ๏ธ Risk Management Tips:

Risk only 1-2% of your capital per trade.

Always use a stop loss to protect your capital.

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This is not financial advice. Conduct your own research and trade responsibly.

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$ETH