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Bullish
#ETHUSDT 4H Chart Update
Status: Bearish Trendline Breakout Pending
🔹 Entry Zone: Around $2,433
🔹 Stop Loss: $2,399
🔹 Take Profit: $2,729
🔍 Analysis:
Previous fakeout above resistance zone (~$2,800).
Price now respecting descending trendline and support zone near $2,400.
A potential bullish breakout is forming.
Targeting upper resistance zone if breakout confirms.
📌 Watch for volume confirmation before entry.
🔔 Manage risk due to prior fakeout trap.
$ETH
Status: Bearish Trendline Breakout Pending
🔹 Entry Zone: Around $2,433
🔹 Stop Loss: $2,399
🔹 Take Profit: $2,729
🔍 Analysis:
Previous fakeout above resistance zone (~$2,800).
Price now respecting descending trendline and support zone near $2,400.
A potential bullish breakout is forming.
Targeting upper resistance zone if breakout confirms.
📌 Watch for volume confirmation before entry.
🔔 Manage risk due to prior fakeout trap.
$ETH
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