why are you sharing 15 M charts for strong bullish are you crazy, Telling market bullish sentiment on 15M candles, Dont misguide people. For Bullish strong hourly candles required.
Mila Rose
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Bullish
$ETHFI
/USDT – DeFi Momentum Surge 🌐🚀
Current Data:
Price: $2.814
24h High: $2.960
24h Low: $2.687
24h Change: +3.95%
24h Volume:
ETHFI: 26.57M
USDT: 74.46M
Technical Analysis 🔍:
Trend: Bullish, showing a steady increase of 3.95% in the past 24 hours with a minor positive movement in the last update (+0.36%).
Support: $2.687 – Recent low providing strong support for potential bullish continuation.
Resistance: $2.960 – Key resistance level. A break above this could trigger a larger move.
Momentum: Positive, with price trading above the $2.80 level and showing strength.
Volume: High, indicating strong market interest, which supports the upward trend.
Trade Strategy 🚀:
Entry Zone 📍:
Buy Zone: Look for entries near $2.810 - $2.840, ideally after a pullback or consolidation near support levels.
Target Keys 🎯:
1. $2.960 – First resistance target. Consider partial profit-taking here.
2. $3.10 – Secondary target, aiming for further bullish breakout.
3. $3.30 – Extended target if the uptrend continues, with a strong momentum push.
Stop-Loss 🚨:
Conservative Stop-Loss: $2.650 (below the recent low to minimize risk).
Aggressive Stop-Loss: $2.750 (tighter stop for better risk control).
Trade Setup ⚙️:
Confirmation Needed: Price must hold above $2.80 and ideally break through $2.960 to confirm the continuation of the upward trend.
Indicators to Watch:
MACD: Bullish crossover or continued momentum in the positive zone confirms buying interest.
Execution Plan 🎯:
1. Buy: Target $2.810 - $2.840 for entry with confirmation of a bullish setup.
2. Take Profit:
First at $2.960
Second at $3.10
Extended target at $3.30 for additional gains.
3. Stop-Loss: Set stop-loss at $2.650 or $2.750 for protection.
Ride the DeFi wave with ETHFI for potential solid profits! 🌐🚀
