While everyone is watching the smaller altcoins pump and dump, $ETH is quietly forming a massive bullish structure on the H4 timeframe. If you’ve been waiting for a high-probability setup, this is it.
Why I’m watching ETH today:
1️⃣ The Retest is Over: We just saw a perfect bounce off the EMA 25 support. This confirms that the buyers are in control and the "dip-buyers" are active.
2️⃣ L2 Momentum: With the recent upgrades in the Ethereum ecosystem, gas fees are lower, and on-chain activity is surging. This fundamental growth is finally reflecting in the price action.
3️⃣ RSI Room to Grow: At an RSI of 58, we aren't even close to being "overheated." There is a clear path to $3,750 before we see any significant resistance.
My Trading Plan for Today:
🔹 Entry Zone: $3,590 - $3,615
🔹 First Target: $3,690 (Secure some profits here!)
🔹 Final Target: $3,750 (Major resistance level)
🔹 Stop Loss: $3,520 (To protect capital
