COIN NAME- #ETH
SIGNAL TYPE- LONG
This statement highlights the current market condition for ETH/USDT, suggesting that Ethereum is trading near a crucial support level, which also corresponds to the Value Area Low (VAL)—a key level in volume profile analysis. The market is expected to dip slightly below the previous low to grab liquidity before a significant bullish reversal occurs. The price is anticipated to bounce strongly from around the $3,050 level, which is considered a solid bottom. However, resistance levels above might slow the upward movement temporarily. Traders are advised to set limit orders at this key support to capitalize on the impending bullish breakout.
BTC Dominance has been rejected from the resistance line. Also, close the daily candle below it. We are insanely insanely bullish on Altcoins now.
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Trade Details:
Entry: Around 3,125 ( Join my Binance live for premium crypto signals )
TP: 5116
SL: 2,800
$ETH
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