ETHUSD: Is This the Dip to Buy? $4000 Resistance in Focus!!
2024-12-21
Category: None

BYBIT:ETHUSDT   BINANCE:ETHUSDT  has recently bounced off the $3000 support zone after a significant correction from the $4000 resistance. This pullback presents a compelling opportunity for accumulation. Strong volume accompanying the bounce suggests underlying bullish sentiment. While the $4000 level currently acts as a formidable resistance, a decisive break above this mark could trigger a substantial uptrend. As always, prudent risk management is crucial. Implement a strict stop-loss order to mitigate potential losses and protect your capital.  

  COINBASE:ETHUSDT   Currently trading at $3390

Buy level: Above $3100

Stop loss: Below $2750

Target : $6000

Max Leverage 3x

Always keep Stop loss

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