🚨 $ETH /USDT Trade Setup – Bullish Bounce or Fakeout? 🚨
Price: $2,438.49 (+0.04%)
Timeframe: 1H
📊 Market Snapshot:
$ETH rebounded from $2,373.00 and briefly pushed above the 99 EMA ($2,450.70), but has since pulled back below it. Short-term MA(7) is above MA(25), yet momentum is fading. RSI is neutral at 46.62 — signaling indecision.
⚠️ Key Level to Watch: $2,450 zone — major resistance.
🎯 Trade Setup – LONG (With Caution)
• Entry: $2,435
• TP1: $2,460
• TP2: $2,490
• TP3: $2,520
• Stop Loss: $2,412
💡 If price holds above MA(25) ($2,427.92) and volume rises, a second bullish wave may form. But a breakdown here could signal a return to $2,400–$2,410 levels.
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