๐ โEthereumโs $4K Gate โ The Bullโs Final Push to $4,200โ ๐คโ๐๐
Once upon a chartโฆ ๐
$ETH Eth stood tall at $4,032, fresh from a powerful breakout that sent ripples through the crypto market. Just days ago, it was battling at the $3,800 wall โ a wall it has now shattered with pure bullish force.
๐ On the 1H battlefield, the bulls caught their breath. Price pulled back gently, testing $3,990 like a warrior checking his armor before the next charge. The 20 EMA stood close, ready to defend, while the 50 EMA was far below, a sign that momentum still favored the bulls. RSI sat at 63 โ alert, but far from exhaustion.
Meanwhile, on the 1D war map, the story was bigger. $ETH had climbed above every moving average, turning each one into a loyal ally. The path to $4,120 was lit, and beyond it, the gates to $4,200 awaited. But the RSI whispered a warning โ โIโm close to overboughtโฆ time your attack wisely.โ
Now the market watches. Will Ethereum breach the $4,200 gate in this charge? Or will it retreat, gathering strength for another siege?
๐ฏ Best Trading Strategy (Bullish Bias)
Entry Zone: $4,000โ$4,020 (buy on dips near support)โ
Target 1: $4,080 (partial booking)๐ฏ
Target 2: $4,200 (final push)๐ฏ
Stop Loss: Below $3,960โฃ๏ธ
Risk Management: Risk only 2โ3% of capital per trade.
Trade Duration: Short to mid-term (1โ2 days)
Tip: If daily candle closes above $4,050 with strong volume, you can trail your stop loss to $4,000 to secure profits while aiming higher.
๐ This is for educational purposes only. Crypto markets are volatile โ trade with caution.