🚨 $ETH Trade Setup – Long or Short? Market at a Critical Pivot 🚨
Ethereum ($ETH ) is approaching a key decision point on the charts, and both bulls and bears have opportunities — but only if played smart.
📈 LONG Setup: I’m watching the $2,525–$2,530 zone for potential long entries. This area has held up as short-term support, and the bounce potential looks solid.
🔒 Stop-loss would be just below $2,495 — beneath the recent swing low and moving average support.
🎯 Targets:
TP1: $2,546 — recent local high
TP2: $2,551–$2,555 — aligning with MA(99) resistance
📉 SHORT Setup: If ETH fails to break through the $2,546–$2,550 resistance zone and shows a rejection candle, I’ll consider a short.
🔒 Stop-loss: Above $2,558
🎯 Targets:
TP1: $2,510 — mid-range
TP2: $2,483–$2,485 — local support base
This is not financial advice — just how I’m planning my ETH trades based on current market structure and confluence zones. Let’s see which way the breakout happens. 📊