$ETH {future}(ETHUSDT) ๐ ETH/USD Daily Trade Setup (as of
noman_anjum90
Updated at: 5 hours ago
{"content":"$ETH
{future}(ETHUSDT)
๐
ETH/USD Daily Trade Setup (as of June 29, 2025)
๐ฏ Strategy: Support Bounce + Bullish Continuation (Higher Low Forming)
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๐ Current Price: ~$2,430
Price is forming a potential higher low above the strong confluence support (~$2,185) and trying to reclaim bullish momentum.
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โ
LONG Setup (Bullish Bias)
๐ Entry Zone:
Ideal Buy Range: $2,400 โ $2,450 (wait for a strong green daily candle to confirm strength)
๐ก๏ธ Stop-Loss:
Below is the most recent swing low or invalidation level
Suggested SL: $2,170 (below both daily structure + weekly trendline)
๐ฏ Take Profit Targets:
1. TP1: $2,680 โ recent local high / resistance
2. TP2: $2,950 โ psychological resistance zone
3. TP3: $3,250 โ major breakout target
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โ๏ธ Risk-Reward Ratio (approx.):
Risk: ~$230 per ETH (from $2,400 entry to $2,170 SL)
Reward to TP1: ~$280 โ RR = 1.2:1
Reward to TP2: ~$550 โ RR = 2.4:1
Reward to TP3: ~$850 โ RR = 3.7:1
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๐ Confluence Factors:
Holding above ascending trendline
Support at $2,185 aligning with previous demand zone
MACD histogram on daily likely crossing into positive soon
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๐งจ Invalidation:
A daily close below $2,170 would invalidate this setup and favor a deeper correction toward $2,000โ$1,850.
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๐ Alternative Short Setup (if breakdown occurs):
If ETH closes below $2,170, consider:
Short Entry: $2,150โ$2,170
TP: $1,950 โ $1,800
SL: $2,250
RR: Around 2.5:1","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/29/a91b9245e3b848dca0bdf732008c623e.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}