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ETH/USDT exhibits a bullish market structure on the 4-hour chart, printing consecutive Higher Highs (HH) and Higher Lows (HL). The price maintains an uptrend, holding above the 25 MA ($2,351) and 99 MA ($2,323) for structural support, though it is cooling off from a recent resistance test at $2,423.
Consider a spot entry on a deeper correction near the 25 MA structural support zone, or on a confirmed breakout above local resistance.
* **Spot Entry:** $2,355
* **Stop-Loss:** $2,310 (below 99 MA and key swing low)
TP1: $2,420
TP2: $2,460
TP3: $2,500
*Not Financial Advice, Do Your Own Research.*
$ETH