🚀 ETHEREUM TRADE SETUP
📊 Technical Outlook
ETH trading near $4,788
Strong bullish momentum, RSI neutral, MACD bullish ✅
Key support: $4,500
Resistance: $4,865 – $4,900 (ATH zone)
⚡ Trade Idea #1: Support Bounce (Higher Probability ~60%)
Entry: $4,280 – $4,340
Stop-Loss: $4,250
Target: $4,576
Risk-Reward: ~1:8 🔥
⚡ Trade Idea #2: Breakout Play (~30% Probability)
Trigger: Break & close above $4,398 with volume
Stop-Loss: $4,350
Target: $4,781
⚠️ Bearish Scenario: If $4,500 breaks → possible drop to $4,100 – $3,800 (Stop above $4,845).
📈 Logic: ETH is breaking out of a long-term consolidation, supported by strong volume & institutional flows. Price action favors bullish continuation with favorable risk-reward.
🔑 Probability of Profit:
Bounce play: ~60%
Breakout continuation: ~30%
👇 Do you see ETH testing $5K soon?