$ETH Healthy Correction???
$ETH has pulled back from its peak of $4,788 and is now holding around $4,470. If buyers can defend this zone, the uptrend might continue towards new highs.
*Long Trade Setup:*
- *Entry Zone:* $4,465 - $4,470
- *Profit Targets:*
- *TP1:* $4,480
- *TP2:* $4,500
- *TP3:* $4,525
- *Stop Loss:* Below $4,460
*Pro Tip:*
If ETH bounces from $4,500 with increasing volume, it could quickly push towards $4,525+ zone. Look for strong bullish candles on the 1 hour chart to confirm the trend.
*What's Next:*
$ETH is in a healthy correction phase and bulls might be preparing for the next leg up. Keep an eye on the $4,500 zone and never forget to use stop-loss to manage your risk.