ETH PRICE UPDATE
Coin Name: $ETH
Position: LONG
Entry Price: 2362
I'm currently observing a potential W pattern forming on the 30-minute chart for ETH. There's a clear bullish divergence emerging, and the MACD indicates a decline in selling pressure, suggesting a possible momentum shift. If ETH manages to break above the $2,450 resistance level, it could trigger a strong upside move, aligning well with my take profit target.
On the 30-minute chart, USDT.D is moving within an ascending channel and has recently tested the upper trendline. Based on the current structure, a retest of the lower trendline appears likely. Additionally, the RSI is holding within a supply zone, which could reinforce the potential for a short-term pullback.
Leverage: 5X
Targets:
1st TP 2440
2nd TP 2500
3rd TP 2550
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$ETH