ETH is poised to break out from its current range, with a potential setup emerging that could drive price action higher. Current market conditions suggest a strong likelihood of an uptrend continuation.

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🟢 $ETH LONG 📈

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📍 Entry Range: $1,668.48 – $1,671.82

🛑 Stop Loss: $1,620.05 (-3.0%)

🎯 TP1: $1,695.20 (+1.5%)

🏆 TP2: $1,753.66 (+5.0%)

⚡ R/R Ratio: 1:1.7

📊 Confidence: 91%

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The confluence of CHoCH, CVD, FVG, OB, and POI signals all firing in unison indicates a high-probability long setup, with the market structure break and fair value gap suggesting a strong upside potential. Volume is confirming direction, which adds to the conviction of this trade. The overlap of order blocks and fair value gaps creates a compelling case for a long position.

A 3.0% stop loss is relatively tight but fits with the leverage logic of this trade, suggesting a 2-3x leverage to maximize returns while minimizing risk.

Consider taking partial profits at the first target to lock in some gains and adjust the stop loss to break even, allowing the remaining position to ride out the potential upside.

Not financial advice — always manage your own risk 🙏

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