$ETH /USDT 1-hour candlestick chart, here’s a concise analysis for a one-day trade with medium risk:
- **Entry Point**: Enter long at approximately $2,696.32 (current price), as it aligns with a recent support level and a bullish trend continuation.
- **Take Profit**: Set at $2,711.77 (24h high), offering a reasonable profit target based on recent resistance.
- **Stop Loss**: Place at $2,681.43, just below the recent low, to limit risk with a medium risk tolerance.
This setup assumes a risk-reward ratio of about 1:2. Monitor price action closely, as volatility may affect these levels.
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