๐ Trading Idea โ Long on Ethereum ($ETH ) with Target at $4,200
๐ Market Context:
ETH has recently been consolidating between $3,650 and $3,800.
Technical indicators (4H RSI and MACD) are showing signs of bullish momentum.
Trading volume has increased after a strong bounce from the $3,700 support zone.
Ethereum 2.0 had a major upgrade recently, boosting medium-term sentiment.
๐ข Trade Setup:
Entry (Long): $3,780
Take Profit (TP): $4,200 (key resistance zone)
Stop Loss (SL): $3,620 (below recent support)
โ๏ธ Risk/Reward: ~1:2.6 โ strong potential