Ethereum $ETH
just printed a massive bullish candle and is consolidating near key resistance. Here’s the setup I’m watching 👇
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📊 Chart Snapshot (22-08-2025)
Price: $4,647.46
24h Change: +8.94% 🔥
Resistance: $4,668.18
Support: $4,204.20
Trend: Strongly bullish (well above MA7, MA25, MA99)
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🎯 Entry & Exit Plan
✅ Scenario 1: Bullish Breakout
LONG Entry: On breakout & close above $4,670 with volume confirmation
Targets:
TP1 → $4,788
TP2 → $4,859
Stop-Loss: Below $4,550
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✅ Scenario 2: Pullback Entry
LONG Entry: Bounce from $4,280 – $4,320 support zone
Target: Back towards $4,650+
Stop-Loss: Below $4,200
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⚠️ Risk Check
RSI likely overbought → short-term pullback risk
24h Volume ($3.79B) = strong momentum
Always use a Stop-Loss – market can flip fast
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💡 Bottom Line
ETH $ETH looks strong, and the path of least resistance is UP.
👉 Break above $4,670 = quick continuation
👉 Pullback to $4,300 = low-risk re-entry
Trade smart
. Stay disciplined. 🚀
