Current Price: ~$4,229.53

Key Context:

  • Ethereum recently bounced near $4,150–$4,170, signaling short-term support

  • Indicators suggest bullish momentum is building on the 1H chart

1H Trading Setup Breakdown:

1. Entry Strategy:

  • Aggressive Traders: Enter between $4,170–$4,180, near identified support

  • Wait-for-Confirmation Traders: Delay entry until ETH breaks above $4,250–$4,260 with strong volume

2. Profit Targets (Take Profit – TP):

  • TP1: $4,300–$4,320

  • TP2: $4,350–$4,400 if momentum continues upward

3. Stop-Loss (SL):

  • Place SL just below $4,150 — protects against sharp dips

4. Why 1-Hour Works:

  • Great for active traders watching intra-day moves

  • Helps you respond quickly to price action without overholding during volatile swings

Bottom Line

The 1-hour chart is ideal for capturing quick moves in ETH, especially while the markets are buzzing with ETF inflows and institutional support.

Comments Below;

  • “Long ETH now!”

  • “Waiting on breakout above $4.25K”

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$ETH