🚨 ETH Bulls Awakening?! 🚀 Chart Analysis & Trade Signal! 📈
Hey Crypto Fam! 👋 Let's dive into this ETH/USDT 12-hour chart! 👀
We've seen ETH bounce back from the $1,385 low 📉, showing some serious bullish momentum recently! 🔥 The price is currently hovering around $2,509, and look at that RSI! Both the 10 and 30 period RSIs are above 70, indicating overbought conditions. 😬
However, the recent strong upward move suggests buyers are in control for now. 💪
Trade Signal: Consider a small long position with a tight stop-loss just below the recent swing low (around $2,400). Take profit targets could be $2,650 and then $2,800. 🎯
Trade here: $ETH
Always remember to DYOR, manage your risk! ⚠️
What are your thoughts? Let me know in the comments! 👇
