$ETH rejected at $2790 – Trend shift incoming? 🚨 Here’s the play
🚀 Investment Setup – Futures (10x Leverage)
• ✨ Entry: $2,640 (retest of MA25 or bounce candle)
• 🎯 Take Profit (TP): $2,780 – recent high & resistance
• 🛡️ Stop Loss (SL): $2,612 – under MA25/last support wick
• ⚡ Leverage: 10x
• 📈 Type: Long
• ⚖️ Risk Level: Medium
• 📎 Strategy: Bounce off 4H demand zone → continuation toward $2,780
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📊 Full Technical Analysis $ETH
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1. 💰 Current Price & Context
• Price: $2,648.69
• 📈 24h Change: +0.63%
• 🔼 24h High: $2,790
• 🔽 24h Low: $2,612.15
• 📊 Volume:
• ETH: 169K
• USDC: 456M
📌 Context: After reaching $2,790, ETH is pulling back to retest support cluster around MA25 & MA99.
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2. 📏 Moving Averages (4H Chart)
• MA(7): $2,684 – acting as soft resistance now
• MA(25): $2,621 – where bounce is likely
• MA(99): $2,568 – long-term trend still intact
🔍 Signal: MA stack remains bullish, and ETH is bouncing between MA25 and MA99.
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3. 🧱 Chart Structure (4H)
• 🔺 Resistance: $2,790 = local top
• 🧱 Support Zone: $2,612–$2,621
• 🟩 Demand Area: Right at MA25 + last breakout zone
• 📊 Pattern: Bullish flag forming after push up from $2,463
💡 Setup: Classic pullback setup with strong demand at $2.620–$2.640.
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4. 🔋 Volume Analysis
• Recent spike in red candles → healthy profit-taking
• Volume base is still strong; no panic selling
• Look for green candle with high volume to confirm bounce
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5. 🧭 Strategy Summary
• ✅ Watch for: 1–2 candles holding above $2,640
• 🎯 TP: $2,780 – previous top zone
• 🛡️ SL: $2,612 = clear invalidation
• 🧠 Optional: If $2,612 breaks, wait for lower entry near MA99 ($2,570)
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