Excellent

$ETH Ethereum Analysis Entry and Stop Points – Based on Current Situation (July 16, 2025)
Three Entry Scenarios
🔹 Scenario 1: Safe Entry After Upward Confirmation
Entry Point:
When a 4-hour or daily candle closes above $3200
Take Profit Targets:
Level 1: $3350
Level 2: $3500
Stop Loss:
$2950 (Below strong support and any break of this level cancels the current trend)
Reason for Entry: Break of strong resistance with confirmation on volume, indicating continued upward movement.
🔹 Scenario 2: Quick Entry with Higher Risk (Before Full Break)
Entry Point:
Now between $3100–3140
Targets:
$3200 (Nearby Resistance)
$3300–3350 (Next Resistance)
Stop Loss:
$2980 (Below Immediate Support)
Reason for Entry: Attempting to capitalize on current market momentum, but risky if the price fails to break $3200.
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🔹 Scenario 3: Entry from Support Re-Test (In Case of Correction)
Potential Entry Point:
When re-testing the $3000–3050 area with reversal signals (Doji or Pin Bar candles).
Targets:
$3200 > $3300
Stop Loss:
Directly below $2950 (e.g., $2930)
Reason for Entry: Entering from a strong support area that often leads to a bounce, which is safer.
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📌 Additional Notes
Condition Recommendation
If the price breaks $3200 firmly Enter with a confirmed trade targeting $3350–3500
If the price returns to $3000 Watch for buying signals from there
If it breaks $2950 downwards Exit immediately — the upward trend becomes questionable