ETH - 4H Buy Setup
Updated
ETHUSDT has rebounded strongly from its key support zones and is currently consolidating above a support zone. With the price at the bottom of the consolidation zone, this presents a good buying opportunity, with potential for further upside towards higher targets. Consider setting a logical stop loss to manage risk.Trade active
It’s starting, but there’s still time to jump in. Don’t miss out!
Comment
Great update on ETH! That support zone held strong, and Ethereum has now surged, almost hitting the first target. The momentum is still bullish, so keep an eye on the next levels!
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Ethereum (ETH) on the 1-hour chart is showing promising signs of another bullish leg. The current price action suggests that ETH could continue its upward momentum, potentially targeting the $2,900 level. The bullish structure is intact, with higher lows being formed and the price respecting key support zones. This setup indicates that Ethereum might approach the $2,900 resistance level if the bullish trend persists. Keep an eye on this level for potential profit-taking or further continuation depending on how the market reacts.
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