๐จ
๐ *$ETH /USDT 15m โ Coiled Spring Long*
*Price*: 2,390.28 USDT | *+3.20%*
*24h High*: 2,423.75 | *24h Low*: 2,284.19
*MAs*: MA(7) 2,400.27 | MA(25) 2,401.76 | MA(99) 2,358.84
๐ก *Why Long*:
It's going to go up a lot in the next moment. Pullback complete, compression done.
1. *MA(99) Cushion*: MA(99) 2,358.84 way below price. Trend is still bullish. This dip to 2,389.63 is a healthy reset.
2. *Sellers Trapped*: Dump from 2,423.29 โ 2,389.63 with no volume spike. No panic selling. Just liquidity grab.
3. *Reclaim Setup*: MA(7) 2,400.27 + MA(25) 2,401.76 right above. Flip those = instant squeeze back to highs.
4. *Context*: +3.20% on the day despite red candles. Uptrend intact. Bears had their chance and failed to push lower.
๐ฏ *Long Setup*:
*Entry Zone*: 2,390 โ 2,395 on hold above 2,389.63 low
*Target 1*: 2,400.27 MA(7)
*Target 2*: 2,401.76 MA(25)
*Target 3*: 2,410.08 minor resistance
*Target 4*: 2,423.75 24h high retest
*Invalidation*: 15m close below 2,389.63 low
Spring coiled. Reclaim 2,400 and this rips. Low risk long with tight invalidation.
Trade Here guys ....๐
#Ethereum #Binance #crypto #Long #TechnicalAnalysis #Layer1 #Breakout