$ETH BULLISH CONTINUATION SETUP
ETHUSDT is respecting a well-defined ascending trendline on the lower timeframe. Price has just reacted strongly from trendline support, indicating buyer interest and a potential continuation of the short-term uptrend. Market structure shows higher lows, suggesting momentum is shifting back in favor of bulls.
TRADE IDEA: LONG (BUY)
Entry Zone:
• Trendline support / recent demand zone
Targets (TP):
• TP1: Previous intraday resistance
• TP2: Range high / liquidity zone
• TP3: Trend continuation extension
Stop Loss (SL):
• Below the ascending trendline and recent swing low
Bias: Bullish while price holds above trendline support
Risk Management:
Risk only 1–2% of capital per trade, wait for confirmation near support, and trail stop loss once TP1 is achieved to protect profits.
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