This chart shows Ethereum (ETH/USDT) in a 4-hour timeframe. The price has been moving in a downward channel but recently bounced from support around $1,914. The projected path suggests a breakout to the upside, targeting $2,800 or higher. The RSI is around 30, indicating an oversold condition, meaning the price may rise soon. The moving averages are near $2,124, which could act as resistance before further gains. The volume shows increased activity, suggesting buyers are stepping in. Overall, the chart predicts a bullish reversal, with Ethereum likely to recover and move toward higher prices in the coming days.
Trade Details:
Entry: Around 1800$ ( Join my Binance live for premium crypto signals )
TP: 2800$ SL: hold
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