#ETH
if we look on WEEEKLY Time Frame. ETH have Fair Value Gap at 2750 nd 2700 zone.
also the Big TRENDLINE SUPPORT.
Potential buying area is 3000 nd 2750 areas targeting the 3600 and 4000 area.
if you are A swing Trader then placing 3000 and 2750 with low leverage or spot Buying might be Good chance to Accumulate the ETH.
Key Points_
1. _Consolidation Range_: ETH is consolidating in a range with BTC.
2. _Fair Value Gaps_: Daily and weekly candles show fair value gaps at:
- 3000
- 2780-2700 area
3. _Weekly Trendline Support_: Weekly trendline support lies at 2700-2780 area.
_Action Plan_
1. _Monitor Price Action_: Closely monitor the price action.
2. _Spot Entry_: Place limit orders in spot, step-by-step, at the 2900-2700 area.
3. _Future Trades_: Consider safe future trades with a second entry below the 2800 area.
_Key Zones to Watch_
- Buying zone: 2900-2700
- Second entry zone: Below 2800