$ETHW USDT perpetual futures on Binance surging +6.75% with the last price at 0.3082 USDT! After a prolonged downtrend, price has bounced strongly from the recent low near 0.2795โ0.2877, breaking above recent resistance and printing a solid green candle on the 1D timeframe.
Key bullish signals:
EMA(8) at 0.2995 crossed above EMA(13) and pushing toward EMA(21) โ momentum building!
RSI(6) at 58.4 showing strength, while RSI(14) climbs from oversold levels.
Stochastic oscillator recovering with %K above %D.
Volume spiking on the upside move.
This looks like a classic reversal setup after the long bearish channel โ short-term bulls are taking control! ๐
TRADE IDEA: LONG $ETHW USDT Now!
Entry around current levels ~0.3080โ0.3100
Take Profit 1: 0.3250 (+5โ6%)
Take Profit 2: 0.3400โ0.3450 (+10โ12%)
Stop Loss: 0.2870 (below recent swing low, risk ~6โ7%)
High conviction for more upside if it holds above 0.30. Don't miss this momentum play!
Trade or BUY $ETHW / USDT Now! Follow & turn ๐ on โ
Let's catch the next leg up together! ๐ช๐
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