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📉 Coin: #ETH/USDT
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On the 1-hour chart, ETH/USDT has formed a descending channel with lower highs and lows. Despite the ongoing downtrend, the RSI is displaying bullish behavior, indicating increasing buying momentum. Recently, ETH broke above the channel's resistance line, suggesting a potential trend reversal. This breakout, combined with the bullish RSI, points to a likely bullish move for ETH soon.
ENTRY - 3875.40
Signal Type - LONG
Take Profit Targets:
1. 3899.22
2. 3919.98
3. 3939.05
4. 3964.30
Stop Loss - 3830.77
Leverage - 10x
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