Hey Binance Square Fam! Letās Break Down This Bullish ETH Play š§
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š„ Setup Snapshot: Long Entry at $3,720
A smart ETH setup has emerged:
Bought @ $3,720, riding a sharp bounce off a demand zone.
The move follows ETH reclaiming key EMAsā10-, 20-, 50-, 100-, and 200-day EMAsāall flashing StrongāÆBuy on daily/weekly charts .
This rebound validates technical structure and builds confidence.
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š Why This Setup Matters
1. Emas Aligned ā All major moving averages support bullish outlook .
2. Momentum Strength ā RSI (~79), MACD, ADX, and CCI are in bullish zones .
3. Market Sentiment ā Spot ETH ETF inflows and broader crypto market hitting $4T level confirm institutional backing .
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šÆ Levels, Targets & Risk Zones
Level Role Strategy
Entry: $3,720 Demand zone bounce Takenānow in-position
Support: $3,600ā$3,650 EMA + prior resistance flip Ideal for adding on dips
Target 1: $3,900ā4,000 Psychological/previous high Partial profits āļø
**Target 2: $4,200ā4,500+** Extended move if momentum holds Trail SL for upside
Stop Loss: ~$3,600 Below EMA/structure Protect capital
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š ļø Square-Friendly Trading Plan
1. Chart it ā šø Share screenshot with entry, SL, and TP levels.
2. Label smart ā Use emojis/info:
š Entry: $3,720
š SL: $3,600
šÆ TP1: $3,900 / TP2: $4,200
3. Fundamentals ā Mention strong ETF inflows and crypto-wide growth .
4. Hashtags & Tags ā #ETH #BinanceSquareFamily #AltSeason
5. Call-to-Action ā Ask the community: _āThinking more dips before extensionāthoughts?ā_
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ā ļø Keep Risk in Check
Overbought signals (RSI ~79) suggest some caution āconsolidation is possible.
If price drops under $3,600, a deeper correction to $3,400ā$3,500 may unfoldāSL guards against that.
Always size your position carefully and define your risk.
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š Final Take
ETH has shown strength by reclaiming major EMAs and flipping resistance into support at $3,720. With heavy technical and fundamental backing, the $3,900ā$4,000 zone looks achievableāand if momentum persists, $4,200+ is the stretch target. Share this setup on Square with clear visuals, labeled levels, and a bit of community engagement flairāguideline-friendly and community-minded.
Hereās to disciplined trades and bright charts! š
