$ETH

Here's a possible trade setup for ETH/USDC based on the current 12h chart:

📊 Trade Setup (Long Position)

✅ Entry Zone:

$4,200 – $4,250

(Buy on a small dip or if it consolidates within this range before breakout)

❌ Stop Loss:

$4,050

(Below the 21 EMA and just under psychological support — limits risk in case of reversal)

🎯 Take Profit Targets:

🎯 TP1: $4,420

(Just below recent resistance/high — partial profit to lock in gains)

🎯 TP2: $4,500 – $4,550

(If breakout holds, this is a reasonable next resistance zone based on momentum)

🔍 Technical Analysis (ETH/USDC – 12h Chart)

📈 Trend

Current Price: $4,292.34

The overall trend is bullish.

Price has bounced strongly from the recent low at $3,354.07, reaching a local high of $4,368.64.

📊 EMA Indicators

EMA(9): $4,122.40

EMA(21): $3,944.74

EMA(50): $3,700.00

👉 Price is above all three EMAs, which confirms bullish momentum.

💡 MACD

DIF: 167.97, DEA: 119.97, MACD: 48.00

👉 MACD is still bullish, but the histogram is flattening slightly, suggesting momentum may be slowing.

📈 Stochastic RSI

STOCH RSI: 77.61

MA STOCH RSI: 81.80

👉 Both values are in overbought territory, which often signals a possible short-term pullback or consolidation.

📉 Volume

Volume is gradually decreasing, which can indicate weakening buying pressure.

🧭 Short-Term Forecast

✅ Bullish Scenario (more likely):

If ETH breaks above the $4,368 resistance, the next target could be around $4,420–$4,500.

⚠️ Bearish/Correction Scenario:

If ETH fails to break the resistance, a pullback to EMA(9) at ~$4,120 or even the $3,950–4,000 zone is possible.

🟢/🔴 Summary

🔄 Short-term: Possible consolidation or minor pullback before further move up.

📈 Mid-term: Trend remains bullish as long as price stays above $4,000.

#ETH #Ethereum✅