Ethereum (ETH) – Bulls in Control, But Watch the Levels
Ethereum has recently pushed back above the $4,000 mark, a key psychological and technical level for traders. Strong buying interest, heavy demand from institutions, and rising on-chain activity are all adding fuel to the bullish momentum. The trend structure is showing higher highs and higher lows, signaling that buyers are firmly in control. However, ETH is also nearing a potential resistance zone where profit-taking could kick in.
Trade Setups – Long & Short Plans
Long Setup (Bullish):
Entry Zone: $3,900 – $4,000 (support area)
Take Profit: TP1 at $4,200 / TP2 at $4,500
Stop Loss: Below $3,850
Why Long?
If ETH holds above $4,000 with strong volume, it can quickly rally toward $4,500 as buyers dominate the market.
Short Setup (Bearish):
Entry Zone: $4,100 – $4,200 (resistance area)
Take Profit: TP1 at $3,800 / TP2 at $3,600
Stop Loss: Above $4,300
Why Short?
If price struggles near $4,200 and shows signs of weakness, sellers could take control, pushing ETH back toward support levels.
Quick Outlook
ETH is currently in a strong uptrend with bullish sentiment dominating. As long as price stays above $4,000, upside pressure remains. But if resistance at $4,200 holds, a short-term correction could offer a great short opportunity before the next big move
$ETH Buy and Trade Here!👇🏻💸🚀
