📉 ETH/USDT — 19 June (4H)
Current Price: $2,528 🟡
24H Range: $2,465 – $2,546
🔍 Quick Technical Breakdown:
• ETH hovering just above MA(7) at $2,516 — reclaiming short-term strength
• MA(25) at $2,549 and MA(99) at $2,585 remain key resistances
• RSI(12): 47 → Neutral zone, showing early signs of strength
• MACD: Slight bullish cross — momentum shift starting
📈 Setup: LONG from current levels
• Entry: $2,520–$2,530
• Target 1: $2,585
• Target 2: $2,670
• Stop-loss: $2,460
• Risk/Reward: 2.5+
⚠️ Break and close above MA(99) ($2,585) could trigger a momentum leg up. However, clean invalidation below $2,500.
📌 Injecting the Recoil:
ETH is grinding near support while indicators are hinting at a momentum shift. A tight range usually precedes expansion — this is where I position. I don’t chase noise. I trade the recoil. 🧠📊
IMP: Always manage your risk and avoid over trading!🗿
