š„ Still holding my ETH for profit and ZEC in a losing position.
šÆ Targets: $ETH ā $3,130 | $ZEC ā $418
Patience is key ā let the market do its thing! ā³
ZECUSDT
Perp
444.68
+0.89%
ETHUSDT
Perp
3,032.95
+1.36%
--
Bullish
James - Pump Trading
--
Bullish
šÆ LONG SETUP ā $ETH šÆ
Entry Zone: $2,928 - $2,860
Stop Loss: $2,820
Take Profit Targets:
ā TP1: $3,030
ā TP2: $3,100
ā TP3: $3,250
š„ Bullish Justification
ETH just bounced from the $2,620 local bottom and printed a higher low at $2,943, showing buyers stepping in at support. Price is currently consolidating near the daily open at $2,955, holding above the critical $2,900 psychological level while forming a potential base for continuation.
Volume analysis shows declining selling pressure with 1.1B volume over 24h, significantly lower than the panic selling phase. MA(7) at $2,927 is acting as dynamic support below current price, while MA(25) at $3,039 represents immediate resistance that needs to be reclaimed for bullish confirmation.
This long setup offers strong risk-reward as weāre buying near proven support with clear invalidation below $2,900. The 24h high at $3,011 serves as first resistance, with major liquidity pools sitting above $3,100 from previous price action. Demon indicator shows 55.14% accumulation bias, suggesting smart money is building positions at these discounted levels before the next leg up.āāāāāāāāāāāāāāāā
{future}(ETHUSDT)
Entry Zone: $2,928 - $2,860
Stop Loss: $2,820
Take Profit Targets:
ā TP1: $3,030
ā TP2: $3,100
ā TP3: $3,250
š„ Bullish Justification
ETH just bounced from the $2,620 local bottom and printed a higher low at $2,943, showing buyers stepping in at support. Price is currently consolidating near the daily open at $2,955, holding above the critical $2,900 psychological level while forming a potential base for continuation.
Volume analysis shows declining selling pressure with 1.1B volume over 24h, significantly lower than the panic selling phase. MA(7) at $2,927 is acting as dynamic support below current price, while MA(25) at $3,039 represents immediate resistance that needs to be reclaimed for bullish confirmation.
This long setup offers strong risk-reward as weāre buying near proven support with clear invalidation below $2,900. The 24h high at $3,011 serves as first resistance, with major liquidity pools sitting above $3,100 from previous price action. Demon indicator shows 55.14% accumulation bias, suggesting smart money is building positions at these discounted levels before the next leg up.āāāāāāāāāāāāāāāā
{future}(ETHUSDT)
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