š $ETH Long Trade Signal š
Technical Overview:
$ETH is showing strong bullish momentum, recovering from its recent dip and forming higher lows on the 1H chart. The price is consolidating near the $3,400 level, preparing for a potential breakout above $3,450.
Key Levels to Watch:
Immediate Resistance: $3,450
Major Resistance: $3,520
Support Levels: $3,350 and $3,300
Trade Setup:
Long Entry: Above $3,410 (breakout confirmation)
Target Levels:
TP1: $3,450
TP2: $3,520
TP3: $3,600
Stop-Loss: Below $3,350
Risk Management:
Stick to your stop-loss in case of unexpected retracements. Maintain a risk-reward ratio of at least 1:2.
Market Sentiment:
ETH remains bullish as buyers dominate near key levels. A breakout above $3,450 could trigger a strong rally toward $3,520+. Ideal for short-term and swing traders!
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