ETHUSDT | Long Bias | Reversal Building on Weekly + 4H Confluence | (May 12, 2025)
1️⃣ Short Insight Summary:
Ethereum has been climbing out of a long downtrend, with the weekly chart showing a strong shift from downside pressure to upside momentum. We're now watching a key area for re-entry and potential compounding long positions.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: $2,232–$2,224
Stop Loss: Below $1,800 (combined risk zone)
TP1: $2,500
TP2: $3,000
Final TP (Optional): $5,000+ if momentum continues
Partial Exits: Recommended at each take-profit level, especially around round numbers and prior highs
3️⃣ Key Notes:
✅ Weekly chart structure shows a macro reversal from $1.5K toward the 4K region—potential for large moves.
✅ On the 4H timeframe, the $2,232 area is showing confluence as a strong re-entry zone.
✅ Already taken two partial profits from earlier longs; now looking to re-enter or compound on pullback.
✅ This area could be a "crazy long" zone if confirmed by price action—watch for bullish reactions or strong volume spikes.
❌ Be cautious and wait for confirmation—don’t blindly long into weakness.
4️⃣ Optional Follow-up Note:
Will continue monitoring this zone and provide updates if the structure strengthens or invalidates.
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Disclaimer: This is not financial advice. Always conduct your own research.