Ethereum
Long

ETH/USD Long Setup – Bullish Reversal in Play

319
📅 Date: June 7, 2025
⏱ Timeframe: 30-Minute (COINBASE)
📊 Pair: Ethereum / U.S. Dollar (ETH/USD)

💡 Trade Idea Summary:
Ethereum is showing signs of a bullish reversal after a strong corrective move. Price has formed a potential higher low structure and is preparing for a bullish continuation.

🔹 Entry: $2,454

🎯 Target: $2,600

🛡️ Stop Loss: $2,376

⚖️ Risk-Reward Ratio: ~1.9:1

📈 Technical View:
Recent downtrend appears exhausted with a clear bounce from the $2,384 zone.

Break of lower highs indicates shift in momentum.

Expecting a short-term dip to retest the higher low before continuation towards $2,600.

Ideal for swing traders or short-term bullish setups.

📌 Trade Management Tips:

Watch for bullish confirmation near $2,454 before full entry.

Trail stop if price breaks above $2,520 for risk reduction.

Avoid the trade if price closes below $2,376 on the 30m chart.

🔔 Disclaimer: Not financial advice. Always do your own research and manage risk appropriately.

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