#ETHUSDT LONG SET UP ALERT !
#ETH The price is moving within a bearish channel on the 1-hour timeframe; it has reached the lower boundary and appears poised for a rebound. A retest of this boundary is expected, supporting a potential upward move. The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart. There is initial support at 2384, acting as a primary support zone. A key support zone (marked in green) exists at 2320; the price has bounced off this area multiple times, making it a strong support level. The price is moving toward the 100-period moving average—a level we are currently approaching—which supports the case for a rise. Entry Price: 2473 Target 1: 2503 Target 2: 2532 Target 3: 2570 Stop Loss: At the green resistance zone. Remember this simple rule: Capital management. If you have any questions, please leave a comment. Thank you.