📍 $ETH Technical Analysis – Evening Update
Short-term consolidation with mid-term bullish structure intact. Dip-buy the weakness and avoid chasing highs.
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🕒 $ETH 1H Chart
📈 Trend: Small Bullish
• Consolidating above R3 (2,942)
• EMAs coiling, momentum pausing
🔹 Long Setup:
🛑 Stop Loss: 2,960 (break below EMA21 signals weakness)
🟢 Add on Dip: key support 2,963 (EMA21, triggered), last support 2,942 (R3 pivot)
🚀 Breakout Entry: 3,042
🎯 Targets: 3,042, 3,200, 3,350
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🕒 ETH 4H Chart
📈 Trend: Small Bullish
• Holding above R3 after breakout
• EMAs aligned bullish, strong but overbought
🔹 Long Setup:
🛑 Stop Loss: 2,788 (break below EMA21 signals weakness)
🟢 Add on Dip: key support 2,963 (EMA9 pivot, triggered), last support 2,788 (R2 pivot)
🚀 Breakout Entry: 3,042
🎯 Targets: 3,042, 3,200, 3,350
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🕒 ETH 12H Chart
📈 Trend: Strong Bullish
• Broke downtrend line and holds above EMA9/21
• ADX > 20 confirms strength
🔹 Long Setup:
🛑 Stop Loss: 2,723 (break below EMA21 signals weakness)
🟢 Add on Dip: key support 2,860 (EMA9, triggered), last support 2,723 (EMA21)
🚀 Breakout Entry: 3,142
🎯 Targets: 3,142, 3,350, 3,600
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📌 ETH Strategy Summary
1️⃣ Short-term: Scale in at 2,963–2,960 on 1H dips, SL 2,960, target 3,042
2️⃣ Mid-term: Buy dips at 2,963–2,788 on 4H, SL 2,788, break above 3,042 targets 3,200
3️⃣ Long-term: Accumulate 12H EMA9 pullbacks at 2,860, SL 2,723, break above 3,142 confirms move to 3,350+
4️⃣ Bull trend intact but short-term overbought – strict risk control, avoid chasing
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