Quick Profit Trading Signal For $ETH
Entry Range: $2,150 - $2,180
Action: Buy 📈
SL (Stop Loss): $2,100
TP 1: $2,230
TP 2: $2,280
TP 3: $2,340
🥂 Trade Now $ETH
🚨 Note: Trade at your own risk. DYOR.
Price Performance: ETH has dropped 3.93% in the last 24 hours, currently trading near key support levels.
Market Sentiment: ETH has strong buying interest near $2,100 - $2,150, making this an attractive buy-the-dip setup.
Support & Resistance Levels:
Support: $2,103 (recent low), $2,150 (strong psychological level)
Resistance: $2,230 (first breakout level), $2,280 (previous high), $2,340 (major resistance)
Volume & Liquidity: A 9.79% increase in 24h volume shows potential for a quick recovery rally.
Reversal Possibility Trade Setup (Bearish Scenario):
If ETH fails to break above $2,230, a short trade could be considered:
Entry Range: $2,230 - $2,250
Action: Sell 📉
SL: $2,280
TP 1: $2,180
TP 2: $2,130
TP 3: $2,080
Reason for Reversal:
Failed Breakout: If ETH gets rejected at $2,230 - $2,250, it may retrace towards $2,150 or lower.
Bearish Pressure: The overall market has been facing selling pressure, and ETH is 55% down from its all-time high, signaling potential for further corrections.
Liquidity Grab: A sharp pump to $2,250 followed by a rejection could trigger a short-term pullback.
#NFPCryptoImpact #TexasBTCReserveBill #Trump’sExecutiveOrder #MarketPullback #ETH