$ETH /USDT TECHNICAL ANALYSIS: BULLISH SETUP
$ETH /USDT is showing early signs of bullish momentum after holding strong support near the lower range. The price is trading above key short-term EMA and MA levels, while MACD indicates a potential upward crossover. Bollinger Bands suggest room for further upside, confirming a likely continuation of the bullish trend.
Trade Setup:
Long Entry: Above 3,130
Target 1 (TP1): 3,180
Target 2 (TP2): 3,220
Stop Loss (SL): 3,070
Risk Management: Limit risk to 2% of total capital per trade. Adjust SL if bullish momentum strengthens to lock in profits.
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ETHUSDT
Perp
3,131.51
+3.37%