$ETH Today's Pro Trading Plan for $ETH/USDT (12 Jun 2025 | 09:10 UTC)

• Entry Zone: Consider long entries between $2,730 - $2,750, aiming for a bounce from the 20-period Moving Average on the 4-hour chart.

• Stop Loss: $2,720, placed below the recent swing low and structural support.

• Risk/Reward Ratio: Approximately 1:2 for Target 1, scaling favorably for higher targets.

• Profit Targets:

• Target 1: $2,780 (Conservative rebound to minor resistance).

• Target 2: $2,806.93 (Mid-range resistance, aligning with previous price action).

• Target 3: $2,879.22 (Aggressive target towards the 24-hour high/supply zone).

• Strategy: ETH is currently retesting the 20-period MA after a strong upward move. This is a classic trend continuation setup, leveraging the MA as dynamic support. Look for candlestick confirmation like bullish engulfing or hammer patterns within the entry zone. MACD divergence (if observed on lower timeframes) would provide added confluence.

• Market Sentiment: Overall bullish bias despite the current pullback. Buyers are likely anticipating a continuation of the upward trend.

• Invalidation Level / Caution Note: A sustained break and close below $2,720 would invalidate this thesis, signaling a deeper correction. Monitor for increased selling volume at this level.

Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.