🚀 $ETH Trade Setup: Time to Watch the Trend! 🚀
Price Action Update: $ETH is currently trading at $3,380.82, showing signs of recovery after testing the $3,293 support zone. A bounce from this level has reignited bullish interest.
📊 Trading Plan:
Signal: Long
Entry Zone: $3,360 - $3,380
Target 1 (TP1): $3,440
Target 2 (TP2): $3,555
Stop Loss (SL): $3,290
🔥 Key Insights:
ETH is forming a short-term reversal pattern after a strong downtrend. A sustained move above $3,380 could lead to retesting $3,440 resistance.
Strong volume confirmation above $3,440 might signal a breakout toward $3,555 or higher.
💡 Pro Tips:
1️⃣ Lock in partial profits at TP1 to manage risk.
2️⃣ Move your stop loss to breakeven after the price clears $3,440.
3️⃣ Watch for rejection near $3,555 to avoid reversals.
📈 "Let the trend be your friend and secure those profits!"