Hey Binance Square Family 👋
Let’s dive into the latest ETH/USDT action, inspired by your TradingView setup—and yes, it just might be time to go long! 📈
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🔍 Key Tech Highlights
On the 4‑hour chart, Ethereum is carving a bullish triangle—a potential breakout setup 🚀. A confirmed candle close above $2,560 with solid volume could spark a rally toward $2,639, then $2,723 .
On the 30-minute chart, ETH has reclaimed the crucial $2,520–$2,550 zone, flipping it into support. That boosted bullish momentum with signals pointing to further upside toward **$2,600+** .
Meanwhile, the daily timeframe is showing strong bullish confirmation: RSI sits in the mid-60s, MACD is positive, and the 50/100/200-day moving averages are all aligned upward—a green light for bulls .
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🎯 Trade Plan – “Time to go long!”
Here’s a friendly, structured setup:
Level Action
Entry Wait for a 4H candle close above $2,560 with volume ✅ OR enter on a 30m pullback holding above $2,550–2,520
Stop‑Loss Below $2,478 or break of the triangle
Take‑Profit Targets TP1: $2,639 → TP2: $2,723 → stretch targets: $2,800+
➡️ If the ETH price holds above the reclaim level with confirmation, expect momentum to push deeper into that bullish channel.
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💡 Why Now?
1. Chart patterns lining up across timeframes—4H triangle, 30m breakout, daily momentum—suggest synchronized bullish intent.
2. Volume confirmation above breakout zones adds strength to the move .
3. Overall sentiment is bullish, with strong holding at key levels and boost from moving average alignment .
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⚠️ Risk Management
Use tight stops below triangle support or the reclaimed zone
Risk only 1–2% of capital per trade
Scale out profits—take partial gains at TP1, and trail for potential extended upside
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📝 Summary
Chart structure is bullish across multiple timeframes
Key zones: $2,520–$2,560—watch for clean breakout
Entry & Strategy: Close above $2,560 opens long play; stop-losses and targets defined
Outlook: Momentum could drive ETH toward $2,700+, maybe more
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✅ Bottom Line
Your TradingView setup clearly shows an opportune moment to go long on ETH/USDT. Stick to your plan, watch volume and price action around $2,560, manage your risk smartly, and let the chart lead.
Binance Square Family, if you're seeing this breakout unfold or have thoughts to share—drop a 🔥 or philosophize in the comments! Let’s trade smart and grow together.
Stay sharp, trade wise, and keep that energy high! 💎
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*Disclaimer: Content here is for educational purposes only and does not constitute financial advice. Always do your own research and consult a professional before trading.*