BABY chart update: Symmetrical triangle breakout in action on the 4H chart! š Price has broken above the resistance trendline with solid structure, confirming a classic bullish continuation setup!
š Risk-reward is prime with tight invalidation below $0.089. Letās ride the momentum ā breakout traders, your moment is here!
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ETH/USDT 15-Min Chart Analysis ā Bullish Setup with Trade Plan
$ETH
This chart shows a bullish scenario for ETH/USDT on the 15-minute timeframe. Price is consolidating above a key support zone, indicating potential for a strong upward move.
š Trade Idea (Long Setup):
Entry Zone: $2,300 ā $2,310 (red support zone)
Stop-Loss: Below $2,280
Targets:
šÆ Target 1: $2,388.70
šÆ Target 2: $2,428.47
šÆ Target 3: $2,492.75
š¢ Bias: Bullish (if price respects the support zone and forms reversal confirmation)
Note: Wait for a bullish confirmation candle or bullish divergence before entering. This setup is based on potential support reaction.