🔥 Analysis and Strategy for Ethereum $ETH
📌 Current Price of Ethereum:
💰 ETH ≈ $2,840 – $2,900 according to the latest market data 📊
📌 Market Summary:
Ethereum is moving with Bitcoin but has strong support above levels of $2,750 – $2,800 due to the strength of the network and the activity of smart contract applications 📈
📈 Ethereum Trading Strategy (Educational)
🔹 🔓 Buy Entry Points (Long):
✔️ When the price rebounds from $2,750 – $2,800 strong support
✔️ Confirmation of a bullish candle above $2,900
🎯 Profit Targets:
1. $2,950 – $3,050 (Short-Term Target)
2. $3,100 – $3,200+ (Medium-Term Target)
❌ Stop Loss (SL):
⬇️ Below $2,730
🔸 📉 Sell Entry Points (Short):
✔️ If the price rejects to continue rising above $3,050 – $3,080
✔️ Strong drop with a daily close below resistance
❌ Stop Loss for Short:
⬆️ Above $3,100
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