Hereโs a short-term intraday trading signal for ETH/USDT based on the 4-hour chart you provided:
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๐ ETH/USDT Trading Signal (4H timeframe)
โ Position: Long (Buy)
Entry Zone:
๐ $2,560 โ $2,580 (ideal dip entry near support)
Stop Loss:
๐ป $2,495 (below 25-MA and recent consolidation support)
Take Profit Targets:
1. ๐ฏ TP1: $2,635 (local high)
2. ๐ฏ TP2: $2,680 (next resistance zone)
3. ๐ฏ TP3: $2,720 (extension target if breakout holds)
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๐ก๏ธ Risk Management:
Risk-Reward Ratio: ~1:2.5+
Position Size: Adjust based on your portfolio and risk tolerance (e.g., 1โ2% max loss per trade)
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๐ Alternative Scenario (if bearish):
If ETH closes below $2,495 on high volume, avoid long trades. A short setup could trigger toward:
๐ป TP1: $2,440 (MA99 support)
๐ป TP2: $2,370 (previous breakout zone)