$ETH /USDT LONG TRADE SETUP – STRONG BULLISH REVERSAL IN PLA
Crypto Alpha
Updated at: 3 hours ago
{"content":"$ETH /USDT LONG TRADE SETUP – STRONG BULLISH REVERSAL IN PLAY 💯 🔥 Don't Miss Out
Current Price: 4,651.73
Market Structure: ETH has shown a powerful reversal from its 24h low of 4,451.33. The price is now in a clear uptrend, forming a series of higher highs and higher lows on the 1-hour chart, indicating a strong return of bullish momentum.
ENTRY LEVEL:
Enter long on a pullback to the support zone between 4,620.00 – 4,630.00.
STOP LOSS:
Place stop loss below 4,580.00 to protect against a trend reversal.
TARGET POINTS:
* TP1: 4,680.00
* TP2: 4,730.00
* TP3: 4,780.00 (Recent High)
TRADE ANALYSIS:
After a significant drop, ETH has found a solid bottom and is now recovering with strong buying pressure. The current price action suggests that the bulls are in control and are looking to push the price higher. This setup favors long traders entering on a minor retracement. Look for a strong bullish candle at the entry zone for confirmation. Always manage your risk accordingly.
$ETH
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