📌 ETH – The upward momentum is slowing down, could $2,600 become the new support level?
Current price: $2,558 | 24h: +0.26% | Volume 24h: $X.XB
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🔍 Summary of multi-timeframe technical trends
Analysis of M15 – H1 – H4 – D1 timeframes shows: a short-term uptrend is forming on H1 and H4, however, the D1 timeframe is still in the accumulation phase.
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🎯 Short-term trading strategy
Long Position: Entry $2,540 | TP $2,600 | SL $2,500 | Probability 70%
Short Position: Entry $2,600 | TP $2,540 | SL $2,620 | Probability 40%
(Not recommending Short because the D1 timeframe is providing strong support, high risk)
⚠️ Quick note
Futures trading can bring high profits but comes with significant risks. Capital management is essential.
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✅ Conclusion
Don't miss the opportunity! Click on the ETH chart below to see details and trade directly on Binance.
