This is what high-conviction trading looks like. The 4-hour chart for ETH is showing a symphony of bullish signals, confirming that the reversal is not just real—it's incredibly powerful.
This small dip is the perfect opportunity to get in before the next major wave.
📊 The Bullish Case (Why Buy ETH Now?)
🔹 Powerful "W" Reversal: The chart has formed a classic and powerful W-shaped bottom on a higher timeframe, a textbook sign that a major trend reversal is complete.
🔹 4H MACD is ACCELERATING: This is the key confirmation! The MACD is not just positive; it's expanding, with the MACD line pulling away from the signal line. This indicates accelerating bullish momentum.
🔹 RSI Shows Raw Strength: The RSI is a strong 67, pointing upwards. This shows powerful buying pressure is in control, with plenty of room to run before becoming overbought.
🔹 Healthy Pullback: The current price action is a minor, healthy pullback after a strong impulse wave. This is the ideal "buy the dip" entry for smart money.
Trade here $ETH
📈 The Trade Recommendation
This is a high-conviction trade based on multiple aligned signals on a strong timeframe.
✅ BUY: In the current zone of $2580 – $2590
🎯 TP1: $2619 (The 24-hour high)
🎯 TP2: $2680 (The major swing high)
🛑 SL: $2530 (A tight stop below the recent consolidation)
Trade here $ETH
🔥 The Bottom Line: When you see this level of confluence on the 4-hour chart, you act. The reversal is confirmed, the momentum is strong, and this dip is your entry ticket.
👇 What's your price target for $ETH this week? Let me know below! 👇
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