$ETH #ETH🔥🔥🔥🔥 ETH/USDT Long Call Signal:
Entry Price: 2,420
The price is showing signs of recovery, with RSI near 60, suggesting the potential for continued upward movement.
Stop Loss (SL): 2,300
Placed below the recent consolidation area to manage risk.
Take Profit (TP) Targets:
TP1: 2,500
Targeting the psychological resistance level for a quick gain.
TP2: 2,570
Aiming for the previous resistance level around the 25-day MA.
TP3: 2,650
Targeting further gains if bullish momentum persists.
TP4: 2,750
Extended target if the price continues to recover towards previous highs.
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Why Long?
Recovery Signs: The price has begun to rise after finding support, with key moving averages starting to stabilize.
Moderate RSI: The RSI at 59.69 suggests there’s room for upward movement before hitting overbought levels, indicating potential for a continued rally.