Coin Name: #ETH
Position: LONG๐
Based on this chart ๐, ETH is currently respecting a falling wedge pattern, a bullish formation marked by the upper and lower trendlines. However, in the short term, ETH appears likely to dip further, potentially testing the support zone near the lower wedge boundary. This area could act as a strong bounce point ๐. My personal analysis suggests that once ETH builds momentum and breaks the key $4,000 resistance zone with significant volume and price confirmation ๐, flipping it into support, we may witness ETH surging toward a new all-time high ๐. Patience is key as this move unfolds.
Entry Price: 2,750$ or Support Zone
Targets:
1st TP 3,514$
2nd TP 4,028$
3rd TP 4,800$
๐ Special Note:
๐ฅSpot Call๐ฅ
โ ๏ธ Use only 1% of your portfolio ๐ผ to manage risks effectively. Avoid high leverage ๐ซ and proceed cautiously to mitigate potential losses ๐. Always prioritize risk management and use the DCA method โ
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