$ETH /USDT Bullish Trade Setup
Entry Zone: $2,920.00 – $2,930.00
This range provides a tactical buffer within the current downtrend and targets a potential reversal near short-term support.
Targets:
Target 1: $2,950.00 — conservative short-term move
Target 2: $2,970.00 — aligns with resistance near recent highs
Target 3: $3,000.00 — psychological round number and aggressive upside target
Stop Loss: $2,900.00
Strategically placed below support to mitigate downside exposure if momentum fails to reverse.
Technical Overview:
Current price action reflects a downtrend; bullish reversal not yet confirmed
Entry aims to capture early upside ahead of potential breakout
Key resistance levels need to be cleared to validate continuation
Trade Signal:
Bullish setup contingent on reversal confirmation. The trade carries higher risk without clear trend reversal signals and should be monitored closely.
Additional Considerations:
Confirm signals using technical indicators (RSI, MACD, volume divergence)
Stay informed on macro events and Ethereum-related developments
Use position sizing and risk management aligned with overall portfolio strategy
Trade here 👉🏻 $ETH