๐ธ Key Support Zone at $1,500 - $1,900:
Ethereum is currently testing a crucial support zone. Historically, this range has provided strong demand, making it an ideal area for long-term accumulation.
๐ธ Upside Target: $3,500 - $4,500
If ETH holds this zone and reverses, a breakout above $2,200 could trigger a strong bullish move towards $3,500 and beyond.
๐ธ Risk Level at $1,400:
A clean breakdown below $1,400 would invalidate the bullish setup and could lead to further downside.
๐ธ Action Plan:
Start accumulating ETH between $1,900 - $1,500 using a DCA strategy.
Wait for a breakout above $2,200 for confirmation of strength.
A dip below $1,400 should prompt risk reassessment.
This setup offers a high-reward potential, but patience and risk management are key.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.