$ETH /USDT is trading at approximately $2,084.18, showing a +4.63% increase over the last 24 hours. The 1-hour chart displays a bullish trend as the price remains above the rising EMA(7) ($2,077.78), EMA(25) ($2,052.28), and EMA(99) ($2,016.34)
$ETH Trade Setup
Bias: LONG
Entry: $2,070.00 – $2,085.00
Stop-Loss: $2,015.00
TP1: $2,107.00
TP2: $2,150.00
TP3: $2,200.00
Technical Analysis
The asset maintains clear higher highs and higher lows on the 1-hour timeframe. A breakout above the immediate 24h high of $2,107.02 would signal continuation within the short-term markup phase. Current price action shows acceptance above the EMA(25) at $2,052.28, which acts as dynamic support for the current impulse leg
Risk Management
Structure invalidation occurs if the price breaks and closes below the EMA(99) at $2,016.34, shifting the short-term bias to neutral. Risk is defined below the $2,000 psychological level, with a favor for continuation as long as the higher-low sequence holds.