$ETH

This is a 4-hour ETH/USDT chart from Binance. The trend shows a recent recovery after a sharp drop from around $2,100 to a low of $1,385, followed by a gradual uptrend. Currently, ETH is trading at $1,808.69, closer to the 24h high of $1,857.47.

Trend Analysis:

Previous Downtrend: Confirmed by consistent lower lows and highs.

Current Uptrend: Higher lows and highs post $1,385 suggest bullish momentum.

Entry Profit Opportunity:

A good entry would have been near $1,665–$1,700, where consolidation happened.

Current price ($1,808) still offers a short-term bullish profit towards $1,857 resistance.

Targeting $1,850+ with a stop-loss around $1,770 (recent support) gives a good risk-reward ratio.

Reason: Increasing volume, higher lows, and recovery from a major support zone indicate buyers' strength.