$ETH is flexing bullish strength despite a mild pullback. Letās break down the setup, decode the momentum, and map out a smart trade plan.
š° Current Snapshot
- Price: $4,599.25
- 24h Change: -2.38% (healthy dip)
- Trend: Bullish across short & medium timeframes
š Technical Breakdown
ā Trend Structure: Bullish Momentum Intact
ETH is stacked above all key EMAs:
- Price > EMA(7) > EMA(25) > EMA(99)
- EMA(7): $4,618.35
- EMA(25): $4,270.12
- EMA(99): $3,390.31
This alignment screams strengthāclassic bullish setup with room to run.
š Momentum Signals: Controlled Pullback
- RSI(6): 62.92 ā Still shy of overbought territory
- StochRSI: 45.29 ā Neutral zone, no panic selling
ETH is cooling off, not crashing. A textbook breather before the next leg.
š Key Price Levels
- Support Zones:
- Immediate: $4,618 (EMA7)
- Major: $4,270 (EMA25) & $4,500 (psychological)
- Resistance Zones:
- Short-Term: $4,956 (recent high)
- Breakout Target: $5,000+
š ETH Price Prediction (Next 24ā48h)
| ā Bullish Base Case | 70% | ETH holds $4,500ā$4,618 ā consolidates ā retests $4,956 ā targets $5,000+ |
| ā ļø Pullback Scenario | 30% | If BTC dips, ETH may revisit $4,270 for a deeper but healthy reset |
šÆ Trade Setup
š °ļø Plan A ā Buy the Dip (Aggressive)
- Entry: $4,650ā$4,620
- Stop-Loss: $4,550
- Targets:
- TP1: $4,900
- TP2: $5,000+ (trail stop)
- Risk:Reward: ~1:3 ā
š ±ļø Plan B ā Breakout Confirmation (Conservative)
- Entry: Candle close above $4,800
- Stop-Loss: $4,700
- Target: $4,950ā$5,000
- Risk:Reward: ~1:2 ā
āļø Risk Tips
- ETH follows BTCās rhythmākeep an eye on Bitcoin.
- Risk only 1ā2% of your capital per trade.
- Scale in and outādonāt go all-in.
ā Final Thoughts
ETH is riding a strong bullish wave. Whether youāre buying the dip or waiting for breakout confirmation, the $5,000 level is within reach if momentum holds.
Best Moves:
- šÆ Dip buyers: Watch $4,620ā$4,650
- š Breakout traders: Wait for $4,800+
Let the trend be your friendābut manage your risk like a pro.
š Disclaimer: This is educational content, not financial advice. Always DYOR before trading.