🚨 ETH Trade Setup – April 30, 2025
Current Price: $1,823.30
24H Range: $1,783.85 – $1,837.35
📈 LONG SETUP
Entry: $1,830 (on breakout confirmation)
TP1: $1,870
TP2: $1,920
SL: $1,780
Risk-Reward Ratio: 1:2
Rationale:
Technical Indicators: Approaching resistance at $1,837.35; a breakout could signal bullish momentum.
On-Chain Activity: Increased network activity and staking suggest growing interest.
Market Sentiment: Positive outlook with potential for upward movement.
📉 SHORT SETUP (if rejection occurs)
Entry: $1,820
TP1: $1,780
TP2: $1,740
SL: $1,850
Risk-Reward Ratio: 1:2
Rationale:
Technical Indicators: Failure to break resistance may lead to a pullback.
Market Sentiment: Caution advised if price fails to sustain above $1,830.