đą Coin Name: #ETH đ„đ„đ„
Signal Type: Long
Ethereum ($ETH) is showing major bullish momentum! Here's why:
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Market Analysis đ§
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.
đ Whatâs Next?
Once ETH secures a position above this critical level, higher price targets will come into play quickly. If you havenât filled your bags yet, this might be your last chance before the next rally begins!
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Key Metrics
đ Timeframe: 1D (Daily)
BTC.D: The Bitcoin Dominance index is forming a Bearish Pennantâa 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
đ Entry Zone: Around $3,900
đŻ Targets (TP):
Target 1: $4,700
Target 2: $5,800
đ Stop Loss (SL): HOLD (adjust based on your risk tolerance).
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Why Ethereum Could Explode đ
Ethereumâs 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
đ Join my Binance live stream for 2-3 free signals and premium insights.
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đĄ Pro Tips:
1ïžâŁ Donât Overleverage: Protect your capital by using appropriate position sizes.
2ïžâŁ Monitor Resistance Levels: Keep an eye on ETHâs price action around the Fibonacci Golden Pocket.
3ïžâŁ Take Profits Gradually: Lock in gains as ETH approaches each target.
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đ„ Donât wait for the rally to leave you behind! Start trading smart with ETH today.
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