$ETH
📈 Bullish Trading Scenario (Breakout Strategy)
✅ Potential Entry:
If a 4-hour candle closes above resistance at 2,788 (preferably with high trading volume)
Confirming Entry: 2,795 – 2,805 USDT
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🎯 Take Profit Targets:
1. First Target: 2,850 USDT
2. Second Target: 2,900 USDT
3. Third Target (if momentum continues): 2,960 USDT
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🛡️ Stop Loss:
Below the nearby support at 2,660 USDT
Or more conservatively below MA(25) at 2,600 USDT
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🌀 Alternative Scenario (Correction or Break Failure):
📉 If resistance is not broken:
The price may retrace to test support at 2,660 – 2,600 USDT
A suitable area to buy at support (Buy the Dip) if reversal signals appear (such as a Doji candle or bullish engulfing)
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⚙️ Additional Tips:
Monitor the RSI: If it significantly exceeds 70, it may indicate a temporary overbought condition.
Watch MACD: If momentum begins to weaken (lines converge or bars turn red), it may signal the start of a correction.
Trading volume is important to confirm the breakout of resistance.
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