$ETH
📊 Chart Analysis Summary:
Current Price: ~$2,424.89
Timeframe: 30-minute
Pattern: The chart shows range-bound movement with a fakeout to the upside, followed by a pullback. This suggests uncertainty or a potential setup for the next breakout.
🔍 Key Levels:
Support: $2,400 – $2,405 (multiple wicks bounced here)
Resistance: $2,460 – $2,470 (recent rejection zone)
🛠️ Trade Setup (Short-Term):
✅ Long (Buy) Setup:
Entry: $2,410 – $2,415 (near support zone)
Stop-Loss: $2,395 (below previous wick low)
Take-Profit:
TP1: $2,440
TP2: $2,460
🔻 Short (Sell) Setup (if price fails to break resistance):
Entry: $2,455 – $2,460
Stop-Loss: $2,475
Take-Profit:
TP1: $2,430
TP2: $2,410
⚠️ Notes:
Wait for a clear breakout above $2,470 for a bullish continuation.
If price breaks below $2,400, expect a bearish move toward $2,370–$2,360.