š $ETH/USDT Trading Signal š
Ethereum ($ETH)
$3,341.49
+2.31%
š” Signal Type: Bullish Momentum
š Timeframe: 4H Chart $ETH
š Key Levels to Watch:
Support: $3,300 ā Holding above this level confirms bullish momentum.
Resistance: $3,380 ā A breakout here could lead to extended gains.
šÆ Trade Setup:
Entry Zone: $3,330 - $3,350
Take Profit Levels (TP):
1ļøā£ TP1: $3,400 (+1.75%)
2ļøā£ TP2: $3,500 (+4.75%)
Stop Loss (SL): $3,250 (-2.74%)
š Market Insight:
$ETH has shown strong upward movement, supported by increased buying pressure. A sustained breakout above $3,380 could pave the way to the $3,500 level, supported by bullish market sentiment.
š” Strategy Recommendation:
Enter long positions between $3,330 and $3,350.
Secure partial profits at $3,400 and hold for $3,500.
Use a tight stop-loss at $3,250 to manage risk.
š¢ Note: Keep an eye on volume spikes and price action near resistance to confirm bullish continuation.