$ETH Trade Alert: Potential Move Brewing"
Trade Setup:
🟢Entry Zone: Wait for a clear break and retest around $2,932 for a potential entry confirmation.
Stop Loss (SL): Place SL at $2,914 to minimize downside risk if the trade doesn’t go in our favor.
Take Profit (TP) Targets:
TP1: $2,950
TP2: $2,980
TP3: $3,035
$ETH is showing a setup worth watching on the 15-minute timeframe, with Heikin Ashi candles and key levels aligning for a high-probability trade!
💡 Trade Rationale:
Heikin Ashi candles suggest bullish momentum, with ETH bouncing off a mid-range support.
Support & Resistance: ETH is trading near a potential support zone, and a breakout above $2,932 could open doors to higher targets.
Volume Confirmation: Monitor volume for a surge, which would reinforce the breakout and give more confidence in upside movement.
Stochastic RSI: The RSI is climbing from an oversold region, indicating a possible shift in momentum favoring buyers.
Stay vigilant and manage your risk accordingly! Let’s see if ETH can reach new highs 🚀