Ethereum is showing solid bullish momentum with a potential long entry forming around the current levels. Here's the technical breakdown:
**Entry Point:** 2928 This level offers a balanced risk-reward setup for traders looking to capitalize on the upside move.
**Stop Loss:** 2870 A tight risk management strategy positioned below the key support, protecting against downside rejection.
**Take Profit:** 3058 The target aligns with nearest resistance, offering approximately 4.5% upside potential from entry.
ETH bulls are testing these levels as market structure continues to develop. Monitor price action closely around the entry zone and watch for confirmation signals before scaling into positions.
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RadioShackKnight
· 6h ago
2928, are you entering? Feels like this wave is going to break 2870...
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GasFeeNightmare
· 6h ago
Is it the same 2928 entry point again... Do you really believe in this number, brothers? I think we should wait and see, don't rush to buy the dip.
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ruggedNotShrugged
· 6h ago
2928 entering the market? I think it's uncertain. Let's see if it can break through this wave first.
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OfflineValidator
· 6h ago
Entering at 2928? I think it's risky... Last time, doing this directly led to a sharp drop through.
ETH Long Setup
Ethereum is showing solid bullish momentum with a potential long entry forming around the current levels. Here's the technical breakdown:
**Entry Point:** 2928
This level offers a balanced risk-reward setup for traders looking to capitalize on the upside move.
**Stop Loss:** 2870
A tight risk management strategy positioned below the key support, protecting against downside rejection.
**Take Profit:** 3058
The target aligns with nearest resistance, offering approximately 4.5% upside potential from entry.
ETH bulls are testing these levels as market structure continues to develop. Monitor price action closely around the entry zone and watch for confirmation signals before scaling into positions.