$ETH
Brief asset forecast:
Ethereum (ETH) is a leading blockchain platform for developing smart contracts and decentralized applications. ETH serves as the main asset for conducting transactions within the ecosystem and supports solutions such as DeFi, NFT, Layer-2 networks.
1️⃣ Current situation:
The chart structures look ambiguous, which requires increased caution when trading.
2️⃣ Action plan:
Long entry levels are consolidated to account for possible volatility.
Entry range: 1800 – 1850$.
If the price drops below 1800$, we may see the rate go even lower, and if the rate goes up, we may see a rise to 1850-1900$ in the near future.
Risks are low, and adding to the position will only be considered based on the actual reaction at the levels.
🎯 Recommendations:
Set limits in advance with minimal risk, as these are MTF levels.
Control the reaction at the specified levels, and add to the position only upon confirmation of movement.
❗️ For futures: ALWAYS use stops. Based on the reaction from the level, move the trade to breakeven. In case of level chopping or a breakout with consolidation – look for an exit at breakeven and new entry points.
⭐️ ETH can become your “rocket🚀” for motivation!