Ethereum ($ETH ) Trade Setup – Technical Analysis
🔹 Entry Zone: Look for a good entry between $1,900 - $2,000 based on support levels and market structure.
🔹 Stop-Loss (SL): $1,850 (Below key support to minimize risk).
🔹 Take-Profit (TP) Targets:
•TP1: $2,220 – First resistance level, potential short-term target.
•TP2: $2,290 – Key breakout point, confirming upward momentum.
•TP3: $2,400 – Strong resistance zone, potential mid-term target.
•TP4: $2,700 – Major bullish target if momentum continues.
Risk Management & Strategy:
✅ Use trailing stop-loss after TP1 to lock in profits.
✅ Partial profit-taking at each TP level to reduce risk.
✅ Monitor Bitcoin’s movement – ETH follows BTC trends closely.
💡 ETH is consolidating, and a breakout could be near! Are you long or short on Ethereum? Drop your thoughts below and always DYOR.🚀🔥
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