So i have a trade setup for ethereum and i am gonna share about it and dyor its all my own research and thinking about getting to talk to you guys about it. Am using 5x leverage.
As of April 25 2025 Ethereum (ETH) is trading at approximately $1,763.85 having experienced a recent pullback from its intraday high of $1,805.23.
📈 ETH Long Trade Setup (Short-Term Swing)
Entry Options:
Aggressive Entry: Enter upon a confirmed breakout above $1,800 with strong volume.
Conservative Entry: Wait for a pullback to the support zone between $1,688 and $1,700.
Stop-Loss (SL):
Primary SL: Set at $1,688, just below the support zone.
Alternative SL: For a tighter risk, consider $1,750, which has acted as a recent support level.
Take-Profit (TP) Targets:
TP1: $1,850 – aligns with the next resistance level.
TP2: $1,920 – a subsequent resistance area.
TP3: $2,000 – a psychological level and potential breakout point.
Risk-Reward Ratio:
Aiming for a 2:1 or better ratio, depending on entry and SL placement.
🧠 Additional Considerations
Market Sentiment: Despite recent ETF outflows totaling $23.9 million, the Fear & Greed Index indicates a 'Greed' sentiment at 72, suggesting bullish momentum.
Upcoming Events: The 'Pectra' network upgrade scheduled for May 7 could serve as a bullish catalyst.
Technical Indicators: The RSI is currently around 60–65, indicating upward momentum without being overbought. Binance
🛡️ Risk Management
Position Sizing: Limit exposure to 1–2% of your trading capital per position.
Monitoring: Keep an eye on volume and price action near resistance levels to adjust SL and TP accordingly.
#ETH #tradesetup #BinanceAlphaAlert #ETHvsBTC #CryptoMarketCapBackTo$3T $ETH $ETH