Future trade setup for $ETH
Risky trade but the reward will be good
Current Price: 2186
Entry Point:
1. Safe Entry: 2000-2100
2. Aggressive Entry: 2140-2170
Stop Loss (SL):
1. SL for entry one at 1960
2. SL for entry two 2090
Take Profit (TP) Levels:
1. TP1: 2,220
First target is around the 2,220 resistance, where previous price action has encountered selling pressure.
2. TP2: 2,260
Second target corresponds to a resistance zone formed around the 2,250-2,260 region, which aligns with the 60 MA on the 4-hour chart.
3. TP3: 2,320
Final target is near 2,320 which matches a prior resistance level, where the price recently stalled.
Volume: Volume is moderate, so expect a possible breakout near support or resistance zones.
Be cautious in this trade as ETH/USDT is volatile, and the market trend could shift quickly.
Adjust leverage and risk according to your strategy.
Good Luck
Trade Smartly