#ETHBreaks4000
Here’s my analysis of your ETH 30m chart:
Market condition:
Overall trend is bullish, but price just got rejected from the 4282 resistance area.
A small pullback has started, moving toward the Pivot (4085).
Bollinger Bands show price coming down from the upper band toward the midline.
Parabolic SAR is still below price → main uptrend is not broken yet.
Trade Signal:
Wait for Buy Setup: Let price drop near 4085–4100 (Pivot area).
If you see a bullish candle pattern there, enter Buy.
Buy Entry: 4090–4100
Stop Loss (SL): 4040
Take Profit (TP1): 4180
Take Profit (TP2): 4280
Reason: Entering now is risky because we are near resistance; waiting for a retracement will give a safer entry with better risk/reward.
