$ETH momentum build up ๐๐
Follow the tips ๐
Trade here ๐๐ป
ETHUSDT
Perp
2,023.99
+1.43%
#eth #ETHETFsApproved #ETHETFS #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #Ethereum
Post
$ETH Bullish Bias Above Key Support โ Trading Plan ๐๐
As long as 1,987 holds as support, the market structure remains bullish with potential for further upside.
Trade Setup: LONG
Entry Zone: market price
Stop Loss: 1,987
Targets:
TP1: 2,056
TP2: 2,078
TP3: 2,123
Technical Outlook:
Momentum indicators support the bullish scenario. RSI remains above 50, showing sustained buying strength, while MACD is positive and trading above its signal line, confirming upward momentum. In addition, price is trading above both the 20-period (2022) and 50-period (2009) moving averages, reinforcing the constructive trend structure.
Alternative Scenario:
A confirmed break below 1,987 would invalidate the bullish setup and could open the door for a deeper pullback toward 1933 and 1897.
Trade here ๐๐ป
{future}(ETHUSDT)
#eth #ETHETFsApproved #ETFvsBTC #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #BullRunAhead
As long as 1,987 holds as support, the market structure remains bullish with potential for further upside.
Trade Setup: LONG
Entry Zone: market price
Stop Loss: 1,987
Targets:
TP1: 2,056
TP2: 2,078
TP3: 2,123
Technical Outlook:
Momentum indicators support the bullish scenario. RSI remains above 50, showing sustained buying strength, while MACD is positive and trading above its signal line, confirming upward momentum. In addition, price is trading above both the 20-period (2022) and 50-period (2009) moving averages, reinforcing the constructive trend structure.
Alternative Scenario:
A confirmed break below 1,987 would invalidate the bullish setup and could open the door for a deeper pullback toward 1933 and 1897.
Trade here ๐๐ป
{future}(ETHUSDT)
#eth #ETHETFsApproved #ETFvsBTC #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #BullRunAhead