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🚨 ETHUSDT Market Update (1H Timeframe) 🚨
ETH is currently in a consolidation phase after a strong bullish move. Note these important points based on the chart 👇
🔹 Trend:
The uptrend structure is clear – the price is holding above the trendline ✅
🔹 FVG Zone:
Green box (FVG area) around $1,970 - 1980$ support zone.
If the price retests here and bounces → a good long opportunity may arise 📈
🔹 Current Resistance:
Near $2,080 – $2,100 short-term resistance.
Rejection may occur here if volume is not strong ⚠️
🔹 Indicators:
• RSI is in the 60+ zone – bullish momentum is present but cooling down a bit
• MACD momentum is slowing – possible short pullback
📌 Trade Plan Idea:
✔️ Aggressive Long: On trendline retest
✔️ Safe Entry: FVG retest + confirmation candle
❌ Invalidation: Clear breakdown below $1,950
remember:
manage buy trades and set stop-loss accordingly. the crypto market may drop if war news escalates again