š¢ Coin Name: #ETH š„š„š„
Signal Type: Long
Ethereum ($ETH) is showing major bullish momentum! Here's why:
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Market Analysis š§
Ethereum has broken through its major resistance levels from March and May, marking a significant upward move. Currently, ETH is consolidating after a rejection at the Trend-Based Fibonacci Golden Pocket.
š Whatās Next?
Once ETH secures a position above this critical level, higher price targets will come into play quickly. If you havenāt filled your bags yet, this might be your last chance before the next rally begins!
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Key Metrics
š Timeframe: 1D (Daily)
BTC.D: The Bitcoin Dominance index is forming a Bearish Pennantāa bearish signal that could shift capital into altcoins like Ethereum.
USDT.D: The Tether Dominance chart is showing weakness after following a Bear Flag pattern. A breakdown in this area could trigger a major altcoin rally, with Ethereum leading the charge.
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Trade Signal
š Entry Zone: Around $3,900
šÆ Targets (TP):
Target 1: $4,700
Target 2: $5,800
š Stop Loss (SL): HOLD (adjust based on your risk tolerance).
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Why Ethereum Could Explode š
Ethereumās fundamentals, combined with market trends, suggest this could be the start of a major bull run. With the broader market aligning, including BTC.D and USDT.D setups, ETH is positioned to hit new highs.
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Action Plan
š Join my Binance live stream for 2-3 free signals and premium insights.
š Follow live stream instructions for exclusive premium signals and real-time updates.
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š” Pro Tips:
1ļøā£ Donāt Overleverage: Protect your capital by using appropriate position sizes.
2ļøā£ Monitor Resistance Levels: Keep an eye on ETHās price action around the Fibonacci Golden Pocket.
3ļøā£ Take Profits Gradually: Lock in gains as ETH approaches each target.
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š„ Donāt wait for the rally to leave you behind! Start trading smart with ETH today.
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