🧭 ETH Trade Setup – Long or Short?
As of now, Ethereum (ETH) is trading around $2,411, up over 6.6% in the past 24h. Based on current technicals and market structure:
✅ Long Entry Bias (Preferred)
ETH is showing signs of strength, making a long position more favorable if it confirms above key levels.
🔹 Long Setup
Entry Zone: $2,410–$2,430 (on retest or breakout)
Targets:
TP1: $2,480
TP2: $2,550
TP3: $2,675
Stop-Loss: Below $2,320 or $2,290 (depending on your risk)
🔍 Why Long?
ETH has broken resistance and flipped it into support.
Volume is rising, and DeFi & Layer 2 activity is increasing.
Whale accumulation and strong fundamentals are supporting the move.
⚠️ Short Only If Rejected at Resistance
Only consider a short if ETH fails to hold above $2,430 or shows strong rejection with decreasing volume.
🔹 Short Setup (High Risk)
Entry: $2,430–$2,450 (on rejection wick)
Target: $2,300
Stop-Loss: $2,475
🟢 Conclusion: Lean Toward LONG
Ethereum is currently showing bullish momentum. Unless we see a sudden reversal or macro shock, a long position on retest or breakout above $2,430 has a favorable risk/reward.
