$ETH 🔥 BUILING STRONG MOMENTUM 🔥
Chart Overview
Trend: ETH is in a strong bullish continuation phase after breaking above 4,250 USDT last week.
Support Zones:
4,280–4,300 USDT → Immediate intraday support.
4,180 USDT → Previous breakout level & demand zone.
Resistance Zones:
4,350–4,380 USDT → Current ceiling before breakout.
4,450–4,500 USDT → Next major target zone.
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Fibonacci Retracement
(From recent swing low 4,180 to swing high 4,350)
38.2%: ~4,285 USDT → First key bounce area.
50.0%: ~4,265 USDT → Medium-term buyer interest zone.
61.8%: ~4,245 USDT → Golden support zone if pullback deepens.
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Trading Plan
Bullish Scenario (Long Entry)
Entry Zone: 4,265–4,285 USDT (Fib confluence + breakout retest).
Confirmation: Green candle close above 4,300 USDT with high volume.
Targets:
TP1: 4,350 USDT (short-term)
TP2: 4,450 USDT (swing)
TP3: 4,500 USDT (psychological round number)
Stop Loss: Below 4,245 USDT (Fib 61.8%).
Chart Concept (Visual Map)
4,500 ─── Major Target
4,450 ─── Resistance
4,380 ─── Resistance Zone
4,350 ─── Fib 0% High / Immediate TP
4,285 ─── Fib 38.2% Support
4,265 ─── Fib 50% Support / Buy Zone
4,245 ─── Fib 61.8% Golden Support
4,180 ─── Swing Low / Base Support
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5. Risk Management
Risk ≤ 1.5–2% of portfolio per trade.
Use trailing stop if price moves +3–5% in favor.
Avoid over-leveraging; ETH is highly volatile near breakouts.
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