$ETH – BULLS HOLDING THE LINE, LONG TRADE IN PLAY
Ethereum has bounced strongly and is defending the $4,550 support, showing buyer strength despite recent selling. Momentum is building for another test of higher resistances as bulls step in to protect the trend.
Trade Setup (Long):
Entry: $4,560 – $4,575
Target 1 (TP1): $4,600
Target 2 (TP2): $4,630
Stop Loss (SL): $4,540
Market Outlook:
As long as $ETH holds above $4,550, the bullish outlook remains firm. A clean break above $4,600 could fuel upside acceleration, while a drop below $4,540 risks deeper correction.