ETH/USD is pulling back within a strong upward channel, currently testing key support near $3,037.82. This level aligns with the lower trendline, offering an intriguing setup for the next move. While the MACD signals bearish momentum, the overall structure suggests a potential bounce if buyers step in at this critical support.
I'm keeping a close eye on $3,987.60 as the next major resistance, with the channel guiding price action in the near term. A confirmed MACD reversal or volume spike at support could be the catalyst for a strong move upward.
Let me know your thoughts—bullish or bearish from here? Drop a like if you're watching ETH/USD, and follow for more updates as I track this trade closely! 🚨✨ #Ethereum #CryptoTrading #TechnicalAnalysis #ETHUSD
I'm keeping a close eye on $3,987.60 as the next major resistance, with the channel guiding price action in the near term. A confirmed MACD reversal or volume spike at support could be the catalyst for a strong move upward.
Let me know your thoughts—bullish or bearish from here? Drop a like if you're watching ETH/USD, and follow for more updates as I track this trade closely! 🚨✨ #Ethereum #CryptoTrading #TechnicalAnalysis #ETHUSD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.