Chart is showing controlled fluctuations with trend ETH/USDT Long Setup

ETH remains bearish on the daily timeframe, while the 4-hour chart is consolidating and the 1-hour chart is trading above its EMA50. Short-term momentum is supportive, with the 1-hour RSI at 68.57, indicating strong buying pressure.

The setup is primed for a long entry near 3058.69. The trigger comes from the 15-minute RSI crossing above 50, signaling a resumption of upside momentum. A decisive move above the 1-hour entry zone could target higher levels, while a break below 3023 would invalidate the trade.

Trade Plan (LONG)

Entry Zone: Market execution between 3052.75 – 3064.63

Take Profit 1: 3094.32

Take Profit 2: 3106.20

Take Profit 3: 3129.96

Stop Loss: 3023.05

Click And Trade Fast 👇

ETH

2,980.03

-0.37%

ETHUSDT

Prep

2,979.66

-0.37%