Coin: $ETH
Signal Type: Long
The Ethereum market has been moving sideways for quite some time now, which usually indicates that a breakout is coming soon.
๐ Why Consider a Long Position?
The chart shows $ETH testing the same order block multiple times.
When this happens, the strength of that block weakens and liquidity starts to build above resistance.
On the lower side, a valid demand zone still exists, and ETH recently tapped into it.
This setup suggests the next likely direction is upward, targeting the liquidity levels sitting above resistance.
๐ Trading Signal
Entry: $4,165
Take Profit 1 (TP1): $4,491.04
Take Profit 2 (TP2): $4,664.31
Stop Loss (SL): $4,034.35
The structure shows $ETH is gearing up for upside potential, but always manage risk carefully.
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