#ETHBreaks3700 $ETH ๐ด In continuation of my previous post, you can read it and judge the analysis.,๐ด
4-Hour Strategy Suggestions
1. Scenario A โ Bullish Continuation
Trigger: ETH reclaims and closes above $3,770-$3,780 (above MA(7)) with rising volume.
Action: Consider entering a long position.
Entry: $3,770โ$3,780
Take Profit Targets:
TP1: $3,825 (previous high)
TP2: $3,870โ$3,900 (next resistance zone)
Stop Loss: $3,730 (below short-term support)
๐ Confirmation needed: Bullish engulfing candle + rising volume + RSI > 60
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2. Scenario B โ Bearish Pullback
Trigger: ETH breaks below $3,660 with strong bearish volume.
Action: Consider entering a short position.
Entry: $3,655โ$3,660
Take Profit Targets:
TP1: $3,600 (near-term support)
TP2: $3,540 (MA99 and previous consolidation zone)
Stop Loss: $3,690โ$3,700 (above broken support)
๐ Watch for MACD to cross downward + RSI < 45 for stronger confirmation
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3. Scenario C โ Range Play (No Clear Breakout)
If price chops between $3,660โ$3,780:
Avoid aggressive positions
Consider scalping between the range highs and lows
Use tight stops and take quick profits