š Trade Setup:
$ETH ā Oversold Bounce Reclaiming Key Levels?
ETH printed a strong 1H green candle after bullish divergence in RSI and MACD histogram narrowing. However, price still under EMA resistance. First target: reclaiming 4,047ā4,055.
š Trade Plan
š¹ Long Entry: 3,990ā4,010 USDT (on retrace or breakout retest)
šÆ Take-Profit Targets:
- TP1: 4,048 ā EMA 20/50 (1H)
- TP2: 4,113 ā EMA 50 + top of range
š Stop-Loss: ā 3,925 USDT (under recent wick + BB low)
š Risk:Reward: ~1:2
ā ļø Note: 4H RSI just bounced from 22 ā trend still fragile.
#ETH #Ethereum #CryptoScalping #BinanceSquare #TAstrategy