๐Ÿ“ˆ $ETH Trade Setup: Long and Short Opportunities

๐ŸŸข Long (Buy) Setup:

Ethereum is showing a potential buy signal if it stays in the $2,525โ€“$2,530 range.

Entry Range: $2,525 to $2,530

Stop Loss: Place just below the recent support zone and moving average at $2,495

Profit Targets:

Target 1: $2,546 (recent high)

Target 2: $2,551โ€“$2,555 (near 99 MA resistance level)

๐Ÿ”ด Short (Sell) Setup:

If ETH fails to push through the $2,546โ€“$2,550 resistance and shows rejection (like a wick or bearish candle), it could be a chance to short.

Entry Trigger: Rejection below $2,546โ€“$2,550

Stop Loss: Above the resistance at $2,558

Profit Targets:

Target 1: $2,510 (mid-range level)

Target 2: $2,483โ€“$2,485 (recent low area)