$ETH
📢 ETH/USDT Trading Recommendation Based on Technical Analysis for a 4-Hour Interval:
Technical indicators suggest that Ethereum is undergoing a correction after a strong rise, reaching a level of 2879.22 USDT. The price is now testing an important support area at 2630 – 2600, with a negative crossover on the MACD indicator and a neutral RSI reading at around 50.
🔍 Recommendation Details:
✅ Trade Type: Buy (Conditional on Support Holding) $ETH
🎯 Entry Area: Between 2660 to 2630 USDT
❌ Stop Loss: 2610 USDT
🎯 Targets:
First Target: 2767 USDT
Second Target: 2879 USDT
Third Target (if momentum continues): 2904 USDT
⚠️ Important Alert:
Entry is only after the appearance of a bullish reversal candle or a clear positive crossover on the MACD. If support at 2610 is broken with a 4-hour close, the recommendation is canceled.
📊 Analysis is based on:
Clear Support and Resistance Lines from $ETH
Moving Averages (MA50 – MA100 – MA200)
Momentum Indicators: RSI and MACD
Trading Volume
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