ETH/USDT LONG TRADE SETUP 🚀
Based on the 15-minute chart, $ETH is currently trading at 3,159.72. Despite the recent sharp drop, the price is holding just above the 24h Low of 3,104.66, suggesting a potential long opportunity for a short-term bounce or retest of overhead resistance levels.
We are looking for bullish confirmation as the price reacts to this immediate support zone.
Target Points (TP)
These targets are based on previous resistance and key moving average (MA) levels visible in the chart:
TP1: 3,189.41 (The current MA(7) line, acting as immediate dynamic resistance)
TP2: 3,251.88 (Key previous swing low/resistance point)
TP3: 3,287.13 (The current MA(99) line, which represents a stronger long-term resistance)
Stop Loss (SL)
Set a strict stop loss just below the 24h low to limit downside risk if the support fails:
Set Stop Loss (SL) below 3,100.00
Buy and Trade $ETH
on Binance to catch the potential rebound!
Disclaimer: This is not financial advice. Do your own research (DYOR) before trading.
#BinanceSquare #CryptoTrading #ETHUSDT #Ethereum #TradingSigna