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📊 Short-Term Analysis for $ETH
/USDT 🔥
📈 Why Consider a Long Trade?
1️⃣ Strong Support at $1,860 - $1,880 🚀
🔹 ETH is holding above $1,860, signaling strong buying interest.
🔹 If price remains above $1,880, expect an upward push toward $1,900 - $1,920.
2️⃣ Bullish Breakout Potential Above $1,920 📊
🔹 ETH is forming higher lows, showing bullish momentum.
🔹 A breakout above $1,920 could lead to $1,940 - $1,960.
3️⃣ Increasing Volume – Bulls Gaining Control 🚨
🔹 24H Volume: 850.38M USDT – Strong market activity.
🔹 Holding above $1,880 strengthens the bullish case.
4️⃣ Key Resistance at $1,920 - $1,940 🚧
🔹 A breakout above $1,920 could confirm further upside.
🔹 Look for a strong bullish candle with volume as confirmation.
📊 Short-Term Trade Setup (15m - 1h - 4h)
🔹 Long Entry: $1,870 - $1,880 (On pullbacks)
🎯 Targets: $1,900, $1,920, $1,940
🛑 Stop Loss: $1,860 (Below key support)
🔸 Breakout Confirmation:
✅ If $1,920 breaks, expect a push to $1,940 - $1,960.
✅ If ETH drops below $1,860, reassess long positions.
⚠️ Risk Management:
🔸 Keep SL tight below $1,860 to minimize risk.
🔸 Monitor volume & price action for bullish confirmation.
📈 Overall Bias: Bullish (As long as $1,880 holds as support)