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📊 Short-Term Analysis for $ETH /USDT 🔥
📈 Why a Long Trade?
1️⃣ Strong Bounce from $1,541 Support Zone 🚀
🔹 ETH respected key demand at $1,540 and rallied toward $1,600+.
🔹 Currently consolidating near $1,595 – signs of strength holding.
2️⃣ Key Resistance Ahead at $1,606 - $1,610 🚧
🔹 Price is battling near upper resistance range.
🔹 A clean breakout above $1,610 can trigger a move toward $1,630+.
3️⃣ Rising Volume Supports Momentum 📊
🔹 24H Volume: 439K ETH / $689.92M USDT – solid activity.
🔹 Momentum favoring bulls after the recent bounce.
4️⃣ Higher Lows Forming on 1h/4h ✅
🔹 Market structure turning bullish.
🔹 As long as ETH holds above $1,570, bulls stay in control.
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📊 Short-Term Trade Setup
🔹 Long Entry: $1,580 - $1,595 (On dips or confirmation bounce)
🎯 Targets: $1,610 / $1,625 / $1,640
🛑 Stop Loss: $1,565 (Below structure & support)
🔹 Breakout Entry: Above $1,610 with strong bullish candle
🎯 Targets: $1,630 / $1,650
🛑 Stop Loss: $1,590
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🔸 Breakout Confirmation:
✅ Clear break above $1,610 = bullish continuation
❌ Drop below $1,565 = exit or reconsider long setups
⚠️ Risk Management:
🔸 Tight SL below $1,565 to protect capital
🔸 Watch volume and structure near $1,600 for confirmation
📈 Overall Bias: Bullish (while holding above $1,570 - $1,580 zone)