$ETH / TetherUS is showing signs of weakening in the daily downtrend. The 4H chart has recorded a bullish breakout above EMA50, while the price on the 1H chart is accumulating above the important $3000 threshold. 📈

The crossing of the 15-minute RSI above the level of 50 will be the activating signal, indicating that the upward momentum is forming to push the price towards TP1 around $3043. This is a potential recovery scenario being established.

Potential Trade Setup (LONG) 🚀

Entry: Market at 2997.110962 – 3010.189038

TP1: 3042.884228

TP2: 3055.962304

TP3: 3082.118456

SL: 2964.415772