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Ethereum (ETH/USD) on the 4-hour timeframe

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This chart presents a long trade setup for Ethereum (ETH/USD) on the 4-hour timeframe. Here’s a professional breakdown of the analysis:

Trade Idea: Long Position

Entry Zone: Around $2,067

Stop Loss: $1,883 (Red zone)

Take Profit: $2,400 (Blue zone)

Technical Analysis:

ETH appears to be breaking out of a descending trendline, signaling a potential bullish reversal.

The setup suggests a move toward $2,400, aligning with previous resistance levels.

Volume analysis supports increasing buying momentum.


Risk-Reward Ratio: Favorable, offering a strong upside while limiting downside exposure.

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