The current price of $ETH /USDT is 3,596.24
đĄ Entry Zone: $3,550â$3,600 â near daily support and psychological level (~$3.6K)
đŻ TargetâŻ1: $4,000 â confirmed short-term resistance by Fundstratâs Mark Newton
đŻ TargetâŻ2: $4,107 â cluster of order blocks from earlyâ2024 highs
đ Final Target: $6,000 â $8,000 â breakout from ascending triangle and institutional momentum
â Stop Loss: $3,500 â just below key support at $3.5K / future retest zone
đ Risk Management:
⢠Risk â¤âŻ2% of capital per trade. Size position so stopâloss equals your max loss.
⢠Scale out at each target and trail stop to breakeven after hitting TargetâŻ1.
⢠If ETH drops below $3,500 with volume, exit to preserve capital.