Traders, keep a close eye on $ETH — the chart is looking very clear and defined. 🤝
$ETH is testing a key support zone for a potential bounce. Currently trading at $4,645, down 2.48% in the last 24 hours after rejecting from $4,956, it sits near the critical $4,600–$4,620 support. Bulls need to hold this level to prevent a deeper pullback. If successful, ETH could rebound toward $4,900–$5,000.
📈 Long Trade Setup:
Entry Zone: $4,620 – $4,660
TP1: $4,750
TP2: $4,880
TP3: $5,000
SL: $4,590
On higher timeframes, $ETH remains bullish. Maintaining support above $4,600 could drive a strong move back toward the $5,000 psychological level.