Hey Binance Square family, let’s dive into Ethereum’s latest moves and see what the charts are telling us—friendlier, clearer, and ready to light up your strategy! 🔥
---
📊 Market Snapshot: ETH Holding the Line
Middle Bollinger Band Watch
ETH is currently hovering around its middle Bollinger Band (~$3,740). This band acts as a battleground—bulls fight for supremacy above it, while bears aim to push it below .
A decisive candle above signals fresh upside momentum; breaks below could mark a pullback.
Support & Demand Zones
📌 Strong demand lies between $3,620–$3,640, a level ETH recently bounced off—this shows sustained buying strength .
🔒 The short-term structure flip zone sits around $3,740, with intraday control testing the waters now .
Resistance Ahead
If ETH reclaims $3,740 and maintains it, next targets are $3,858 (TP1) and $3,888 (TP2)—fairly eager levels for bulls .
---
🛠️ Trade Ideas for the Square Fam
🎯 Strategy 🔓 Entry Zone 🎯 Targets 🚨 Stop-Loss
Middle-Band Long Above $3,740 on 4H/day close $3,858 → $3,888 Below $3,670
Bounce Spot Long $3,620–$3,640 demand zone Back to $3,740 → $3,858 Under $3,600
Pullback Re-Entry Retest of $3,740 after breakout $3,888+ Below breakout flag
Why it matters: Trading above the middle band suggests bullish control. A bounce from demand zones keeps momentum alive. Risk is defined and setups are structured.
---
🔍 What to Monitor Next
1. Candle Clarity on Band
A clear, sustained close above the middle band signals confidence. Sharp rejection? Prepare for a dip.
2. Volume Behavior
Bullish volume supporting a breakout is GOLD. Lack of volume? Stay cautious.
3. Macro Snapshot
Keep an eye on BTC trends and global crypto sentiment—those can ignite ETH moves.
---
🧠 Square Fam Vibes & Guidelines
🎯 Trade with intention: Set clear entry, exit, and R/R.
📢 Stay community positive: Ask questions, share insights.
🛡️ Add transparency: “Not financial advice” & always encourage DYOR.
💬 Engage thoughtfully: "Did anyone watch that bounce off $3,640?" Let's trade smarter together!
---
✅ Quick Recap
ETH dancing on the middle Bollinger Band (~$3,740)—critical pivot.
Key zones:
Demand: $3,620–$3,640
Resistance: $3,740 (structure), then $3,858–$3,888
Strategies:
Band breakout long
Demand bounce long
Pullback re-entry
---
✨ Takeaway: ETH is in a high-stakes zone—stay alert, trade with structure, and let's grow stronger, Square Fam! Drop your thoughts or setups below 👇