đ Trade Setup: $ETH â Oversold Bounce Reclaiming Key Levels?
ETH printed a strong 1H green candle after bullish divergence in RSI and MACD histogram narrowing. However, price still under EMA resistance. First target: reclaiming 4,047â4,055.
đ Trade Plan
đč Long Entry: 3,990â4,010 USDT (on retrace or breakout retest)
đŻ Take-Profit Targets:
- TP1: 4,048 â EMA 20/50 (1H)
- TP2: 4,113 â EMA 50 + top of range
đ Stop-Loss: â 3,925 USDT (under recent wick + BB low)
đ Risk:Reward: ~1:2
â ïž Note: 4H RSI just bounced from 22 â trend still fragile.
