$ETH

Predictions of a new breakout after a sharp decline...

The price of $ETH is trading at $4,769, rebounding from a daily low of $4,711 after a sharp correction from a high of $4,956. Buyers are showing signs of strength, indicating that Ethereum may be preparing for another bullish wave if the momentum continues.

📈 Setting up a buy trade

Entry area: $4,740 - $4,770

Target 1 (TP1): $4,860

Target 2 (TP2): $4,920

Target 3 (TP3): $5,000

Stop loss (SL): $4,690

The rebound from the support level indicates the continuation of the upward trend - stability above $4,740 could trigger another bullish wave towards the $5,000 level.