$ETH

Entry

Support and Resistance Levels:

- **Resistance Levels (Profit Targets)**:

1. **First Target (R1)**: 4,366.46 (24h High)

2. **Second Target (R2)**: 4,417.07 (Next resistance from "More" section)

3. **Third Target (R3)**: 4,500.00 (Psychological level)

- **Support Levels (Stop Loss)**:

1. **Initial Support (S1)**: 4,166.77 (24h Low)

2. **Strong Support (S2)**: 3,971.71 (Next level from "More" section)

### Trading Strategy:

1. **Entry Point**:

- **Conservative**: Wait for a pullback to support near 4,200–4,250 with confirmation from RSI (e.g., bouncing from 50).

- **Aggressive**: Enter at current price (4,294.79) if momentum indicators (e.g., Stochastic RSI) show upward movement.

2. **Stop Loss**:

- Place stop loss below 4,166.77 (24h Low) or tighter at 4,150 for risk management.

3. **Profit Targets**:

- **Target 1**: 4,366.46 (Take partial profit here).

- **Target 2**: 4,417.07 (Next resistance).

- **Target 3**: 4,500.00 (Final target, close remaining position).

### Additional Notes:

- **Trend Confirmation**: Watch for MACD crossing above the signal line (DIF > DEA) for stronger bullish confirmation.

- **Volume**: Monitor 24h Vol(ETH) for increasing buying volume to validate the upward move.

### Risk Management:

- Risk no more than 1-2% of your capital per trade.

- Adjust targets/stop loss if price approaches key levels with strong rejection candles (e.g., long wicks).