$ETH /USDT BULLISH TECHNICAL ANALYSIS ā”š
Current Price: $4,720.55
š„ Key Levels:
Support: $4,600 ā Strong demand zone š”ļø
Resistance: $4,800 ā Immediate hurdle ā”
Major Resistance: $5,000 ā Next target š
š¹ Trade Setup (Long):
Entry: $4,700ā$4,725 š°
Take Profit (TP): $4,800 / $5,000 / $5,100 š
Stop Loss (SL): $4,600 š
š” Risk Management:
Use moderate position size ā , avoid chasing rallies š. Accumulate on dips and trail SL as price moves higher ā³.
š Market Insight:
$ETH shows bullish momentum in the Layer 1 sector. Strategic accumulation could lead to attractive mid-to-long-term gains šāØ.