$ETH remains bullish after a strong breakout, and I'm watching this pullback as a potential continuation setup from support.
I'm watching this zone because price recently exploded higher and is now consolidating below resistance. If buyers continue defending support, the next leg up could target the recent high and beyond.
Trade Setup
Entry: $1,770 - $1,785
Target 1: $1,810
Target 2: $1,850
Target 3: $1,900
Stop Loss: $1,735
Why It's Possible
• Strong bullish breakout structure remains intact
• Healthy correction after an aggressive rally
• Buyers are defending the $1,750 area
• Higher highs and higher lows are still visible
• Break above $1,810 can attract fresh buying pressure
Trade Plan
• Enter between $1,770 and $1,785
• Place stop loss at $1,735
• Take partial profit at $1,810
• Hold remaining position for $1,850 and $1,900
• Move stop loss to entry after Target 1 is reached
I'm bullish while price remains above $1,735. Holding current support and reclaiming $1,810 can increase momentum toward $1,850 and potentially $1,900.
Let's go and Trade now $ETH
I'm watching this zone because price recently exploded higher and is now consolidating below resistance. If buyers continue defending support, the next leg up could target the recent high and beyond.
Trade Setup
Entry: $1,770 - $1,785
Target 1: $1,810
Target 2: $1,850
Target 3: $1,900
Stop Loss: $1,735
Why It's Possible
• Strong bullish breakout structure remains intact
• Healthy correction after an aggressive rally
• Buyers are defending the $1,750 area
• Higher highs and higher lows are still visible
• Break above $1,810 can attract fresh buying pressure
Trade Plan
• Enter between $1,770 and $1,785
• Place stop loss at $1,735
• Take partial profit at $1,810
• Hold remaining position for $1,850 and $1,900
• Move stop loss to entry after Target 1 is reached
I'm bullish while price remains above $1,735. Holding current support and reclaiming $1,810 can increase momentum toward $1,850 and potentially $1,900.
Let's go and Trade now $ETH