$ETH /USDT Technical Analysis

Ethereum is currently showing a strong bullish trend on the 4H timeframe:

Market Outlook:

ETH has bounced confidently from the \$3,354 support and is now trending upward. The short-term moving averages (EMA7 crossing above EMA25) confirm bullish continuation. However, RSI suggests price may enter a consolidation or short correction soon.

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Entry Strategy:

Buy on retrace: \$3,600–\$3,630 zone (previous support + EMA7 zone)

Or breakout confirmation: Above \$3,700 with strong volume

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Take Profit Targets:

*TP1: \$3,771

*TP2: \$3,830 (recent local high)

*TP3: \$3,940+ (next major resistance)

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Stop-Loss Strategy:

Tight SL: \$3,631 (aggressive)

Conservative SL: \$3,600 (below key support)

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Optional:

If holding longer, consider using a 1% trailing stop to lock in profits as price rises.

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⚡ *Momentum is strong, but RSI is heating up — don’t chase green candles. Better to wait for a solid pullback or a confirmed breakout.*