$ETH
Long Trading Signal 🟢 🚦
Ready for a bullish reversal - bulls defend the key demand area ⚡
Ethereum rebounds from a strong support zone near $3,740 after a quick rejection of the downtrend. With the current structure forming a bullish base on the 15-minute chart, a push towards the $3,800+ area is back on the table. This area offers an attractive long opportunity with minimal downside risk and strong upside potential.
🟢 Long Trade Setup:
Entry Area: $3,750 – $3,746
Take Profit 1: $3,780
Take Profit 2: $3,808
Stop Loss: $3,718
Margin: 2–3% of the portfolio
Leverage: 10x
📉 Market Outlook:
Ethereum is regaining the short-term structure and shows a clear bullish reaction from the lower range. If the price remains above $3,740 and breaks the $3,760 resistance during the day, it could lead to a clean rise to $3,800+. Momentum indicators are neutral, indicating a potential shift in favor of the bulls.