📈 ETH/USDT – Long Signal Setup (4H)
Current Price: ~$2,452
24H Range: 2,419 – 2,610
Volume: 35.04M
Trend: Bullish trend with healthy consolidation near breakout zone
🔼 Trade Setup – Long Opportunity
Entry Range: $2,430 – $2,455
TP1: $2,550
TP2: $2,640
Stop-Loss:
$2,385 (below support and recent wick lows)
📌 Technical Insights:
ETH experienced a parabolic breakout starting May 8, with volume and momentum.
Current structure shows a bullish flag / consolidation just below local highs.
Price is hovering around horizontal support ~$2,420, which has held several candles.
Volume has declined on the pullback, typical of a bullish continuation setup.
🧠 Strategic Note:
Wait for confirmation via a strong bullish candle with volume above $2,460 to enter. Break above $2,510 confirms bullish continuation.
✅ Signal Summary:
ETH remains strong above support with low-volume retracement. Ideal for breakout traders watching for continuation toward mid-$2,500s.
