**$ETH/USDT – Bullish Reversal Opportunity** 🔥
#### **📍 Current Price:** $2,624.73
#### **📊 Market Structure:**
- **Higher Low Confirmed:** 15m chart shows reversal from **$2,600** support.
- **Momentum Shift:** RSI (14) rising from **45** (bullish divergence).
- **Volume:** Increasing buy volume on push above **$2,620**.
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### **🎯 Trade Plan**
- **Entry Zone:** **$2,625 – $2,630** *(Optimal: Retest of $2,620 as support)*
- **Targets:**
- **TP1:** **$2,655** *(Immediate resistance)*
- **TP2:** **$2,680** *(Next liquidity zone, +2.1% from entry)*
- **Stop Loss:** **$2,598** *(Below recent swing low + 0.3% buffer)*
#### **⚡ Key Levels:**
- **Support:** **$2,600** *(Strong demand zone)*
- **Resistance:** **$2,645 → $2,655** *(Breakout confirmation)*
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### **📌 Execution & Confirmation**
1. **Trigger:** 15m candle **close above $2,630** with rising volume.
2. **Ideal Scenario:** Pullback to **$2,620–$2,625** with shallow wicks.
3. **Risk Management:**
- **1:3 R/R** (Risk $27 for $81 reward).
- Adjust position size if BTC shows weakness.
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### **💡 Pro Tips:**
- **BTC Correlation:** ETH/BTC pair rising (**0.0515**) signals ETH strength.
- **Liquidity Watch:** Stop hunts likely below **$2,600** (fakeouts possible).
- **Catalyst:** BlackRock ETH rumors may fuel momentum.
**Tags:** #ETH #LongTrade #BullishBreakout
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### **Need Adjustments?**
- For **aggressive entries**, use **$2,635** breakout as confirmation.
- Add **4h chart analysis** for stronger conviction.
