$ETH
ETH – "Ether Ignition Play" Strategy
Current Price: $1,795.78 | 24h Change: -0.29%
24h High/Low: $1,815.36 / $1,748.61
Volume: Strong activity – big players are watching closely.
Technical Overview:
7-Day MA: $1,785 → ETH is holding this short-term support.
25-Day MA: $1,765 → Medium-term bullish trend holding.
99-Day MA: $1,720 → Still below price, showing there's room to move higher.
Breakout Level: $1,820+
Support Zone: $1,750–$1,765 → Buyers may step in here.
Strategy: "Buy the Bounce" or "Ride the Breakout"
Long (Buy) Ideas:
Entry Options:
Safe Buy Zone: $1,780–$1,790 (where moving averages and buying pressure meet)
Breakout Buy: Above $1,820 with a 4-hour green candle and strong volume
Stop Loss:
Swing Trade: Below $1,765
Intraday: Tight SL at $1,750
Targets:
TP1: $1,835
TP2: $1,860
TP3: $1,900+ (psychological resistance + key Fibonacci level)
Short (Sell) Setup:
Entry: If price rejects near $1,815–$1,820
Stop Loss: $1,832
Targets:
TP1: $1,785
TP2: $1,750
TP3: $1,720 (strong weekly support)
Risk Management:
ETH often follows Bitcoin — watch BTC above $60K
Only chase breakouts if volume is rising fast
For intraday trades, use max 5–10x leverage
Weekly close above $1,820 = strong bullish signal