$ETH - Short-term rebound setup 🚀
$ETH Maintains a level above the support area 3,100 and shows early signs of rebound 💪.
_Trading Setup_:
- _Entry_: 3,100 – 3,112 📍
- _Stop Loss_: 3,093 ⚠️
- _Take Profit Targets_:
- _Target 1_: 3,120 📈
- _Target 2_: 3,134 🚀
- _Target 3_: 3,150 💥
_About Ethereum_:
- Ethereum is an open-source blockchain platform that allows the creation of smart contracts and decentralized applications (dApps) 💻.
- Ethereum uses Ether (ETH) as the main digital currency to fund transactions and operations on the network 💸.
_Trading Tips_:
- _Discipline_: Trading should be done with self-control and adherence to the setup 📝.
- _Risk Management_: A stop loss should be set to protect capital ⚠️.
- _Holding Above Support_: Support should be maintained to enhance the chances of success 🔮.
The currency shows the potential for a rebound with a possibility of a short-term upward movement 🚀. As long as the price maintains a level above support, the upward trend remains likely$ETH
