$ETH š„ š„
Chart Overview (ETH ā $4,222)
Trend: Strong uptrend; ETH reclaiming highs with bullish conviction.
Candles: Consecutive green solid candles ā buyers in control.
Momentum: RSI pushing higher, showing strong bullish pressure but nearing overbought zone.
Key Levels:
Immediate Resistance: $4,280 ā $4,350
Support Zone: $4,150 ā $4,050
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š Technical Analysis
Momentum Continuity: Uptrend remains intact with higher highs & higher lows.
Volume: Increasing buying volume, supporting bullish strength.
Moving Averages: Price comfortably above 20 & 50 EMA ā trend strongly bullish.
RSI: Above 65, approaching 70 ā bullish, but caution if overheated.
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šÆ Trading Setup
Entry Options:
Breakout Buy: Above $4,280 with strong volume confirmation.
Pullback Buy: Near $4,150ā$4,050 support zone.
Stop-Loss (SL): Below $3,980
Take Profit (TP):
TP1: $4,350
TP2: $4,450
TP3: $4,600
ā Bias: Bullish ā ETH showing strong continuation signals, but watch RSI and key resistance at $4,280.
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ā ļø Disclaimer: This is technical analysis only, not financial advice. Please use risk management when trading.