$ETH Trading Opportunity Alert!
#Ethereum✅ is charging up! Trading at ~$3,200, it’s forming a bullish ascending triangle on the 4-hour chart with a 15.7% volume spike to $14.36B in 24 hours. X posts signal whale accumulation and EVM upgrade buzz, targeting a breakout to $4,100-$4,500.
Entry: Buy around $3,150-$3,200 for a strong risk-reward setup.
Stop Loss: Set at $2,900 to guard against a breakdown.
Targets: Aim for $3,500, $4,100, then $4,500 for short-term gains.
Why $ETH ?
Ethereum’s DeFi dominance, ETF inflows, and upcoming scaling solutions fuel bullish sentiment. RSI at 62 shows room for upside, and a MACD bullish crossover supports momentum. The 50-day SMA ($3,000) acts as dynamic support, reinforcing the uptrend.
Risk:
A drop below $2,900 could test $2,640 support, especially with ETF outflows or macro pressures. Watch $3,000 closely and size positions cautiously amid volatility.
Trade smart, do your research, and ride the $ETH wave!
