$ETH /USDT: BULLISH REVERSAL AND ACCUMULATION BREAKOUT👉💸
MARKET OVERVIEW🤙📈
The technical outlook for $ETH/USDT shows a significant shift from a prolonged downtrend into an active accumulation phase. After testing lower support levels, the price has stabilized and is now forming a series of higher lows on the shorter timeframe. This price action indicates that selling pressure is dissipating, and buyers are beginning to reclaim control near the psychological $2,960 level. The current structure suggests a potential breakout from this consolidation zone, aiming for higher liquidity targets as momentum shifts back to the upside.
TECHNICAL LEVELS 📈
The following long setup is based on the confirmed support hold and the anticipated impulsive move upward.
* ENTRY ZONE: $2,964.06 - $2,966.97
* STOP LOSS (SL): $2,897.62
* TARGET 1 (TP1): $3,080.00
* TARGET 2 (TP2): $3,160.00
* TARGET 3 (TP3): $3,246.57
RISK MANAGEMENT💥
Disciplined risk management is the key to surviving market volatility. It is recommended to risk no more than 1-2% of your trading capital on this setup. Once the first target is reached, consider moving your Stop Loss to the entry price to secure the trade. Always ensure you are using a leverage level that aligns with your personal risk tolerance.
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