#ETH Today's Trading Plan: $ETH/USDT - April 24, 2025

Ethereum has shown a strong recovery from the $1,385 level and is now consolidating just under resistance near $1,800. Price is trading above all major EMAs on the daily, while MACD and RSI confirm growing bullish momentum. However, a pullback or range move is still possible before the next breakout.

Entry Zone:

$1,745 – $1,760 (Look for dips toward the EMA(7) zone for high-probability entries)

Stop Loss:

$1,705 (Below EMA(14) and recent bullish breakout base)

Profit Targets:

• Target 1: $1,820 (Previous high / minor resistance)

• Target 2: $1,880 (Fibonacci extension & round number zone)

• Target 3: $1,940 – $1,960 (Major resistance from March sell-off)

Risk/Reward Ratio:

1:2.2 to 1:3.5 based on entry and exit precision.

Strategy:

Breakout Continuation Strategy

Buy the dip on bullish retest, trail stop after Target 1 for extended moves.

Market's Sentiment:

Cautiously Bullish.

MACD is positive and expanding, RSI at 69 shows strength but nearing overbought. Price action is supported by strong volume and EMA crossover.