This is a weekly ETH/USDT chart showing a strong reversal from a key reaccumulation zone$ETH , suggesting bullish continuation.
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Analysis Summary:
- Accumulation zones (2022, 2025) are clearly marked and respected.
- ETH has bounced from a demand zone (~1,800–2,000) and is moving upward with strong momentum.
- Two major resistance levels marked:
- TP1: 4,098
- TP2:4,869
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Trade Plan (Swing Trade)
✅ Entry (Buy Zone):
- 2,400–2,550 (ideal on small pullback)
- Current price (2,639) still offers upside potential
🎯 Take-Profit Targets:
- TP1:4,100
- TP2: 4,850
❌ Stop-Loss (SL):
- Below 1,950 (invalidates reaccumulation structure)
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Risk-to-Reward (Approx):
- Entry: 2,500
- SL:1,950
- TP1: $4,100
→ RR ≈ 3:1
Let me know if you want a short-term plan (daily chart) or leverage-based setup.