ETH/USDT 1H: Bulls Eyeing $3500 After Breakout
2025-01-24
Category: None

ETH/USDT 1H Chart Analysis
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Confidence Level: 8/10

 Current Market Structure: 
 
 Bullish after breaking the premium zone at $3400, currently consolidating.
 Hidden bullish RSI divergence forming on the 1H timeframe.
 
 
Key Levels: 
 
 Premium Zone: $3440-$3460
 Equilibrium Zone: $3380-$3400
 Discount Zone: $3200-$3220
 

 Smart Money Activity: 
 
 Accumulation phase complete.
 Distribution likely in the $3460-$3480 range.
 

 Trade Setup: 
 
 Entry Zone: $3380-$3400 (scale in).
 Targets:
 T1: $3460
 T2: $3480
 Stop Loss: Below $3340 (recent swing low).
 
 
 Risk Analysis: 
 
 Risk Score: 7/10 (moderate risk due to extended move).
 

 Market Maker Activity: 
 
 Accumulation at current levels with potential push toward the $3500 zone.
 

 Recommendation: 
 
 Long position recommended with tight stops.
 Monitor volume and RSI for continued bullish momentum.
 Confidence Level: 8/10 for bullish continuation.
 
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