Long-trade setup for $ETH /USDT Current Price: $3,626.01
Support Level:$3,620–3,600 zone — hourly trendline and prior congestion around 50% Fib retrace ($3,620)
Resistance Level: $3,720–3,750 — rejection zone and Fib 76.4% from recent swing high ($3,880–3,369)
Trade Targets:
• TP1: $3,720 — near immediate resistance test
• TP2: $3,750 — stronger resistance band
• TP3: $3,880 — retest of recent swing high and breakout chase
Stop Loss: $3,590 — just below $3,600 support to limit risk
Strategy summary:
Buy near $3,620–3,600 support, target resistance clusters with strong risk‑reward; cancel at breakdown under $3,590.