This ETH/USDT trade setup shows a strong bullish recovery after a sharp red candle, entering around the $3,804 level with a favorable risk-to-reward ratio. The stop loss is placed near $3,770, while the take profit targets above $3,835. The bounce-back candle indicates a potential reversal, supported by increased buying volume. This trade aligns with the 15-minute chart’s upward momentum. If ETH sustains above the entry, it could easily reach the target zone. Always manage risk wisely and follow your trading plan. A great example of timing the dip and riding the trend up.
$ETH
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