Perfect position and perfect entry — thanks for the signal 🫡 $ETH , done TP 1&2

🎯LONG SETUP – $ETH
{future}(ETHUSDT)

Entry Zone: 2.960 - 2.918
Stop Loss: 2.850
Take Profit Targets:
∙ TP1: 3.020
∙ TP2: 3.080
∙ TP3: 3.150

🔥Bullish Justification

ETH has strongly recovered from the bottom of 2,772.97 and reached a peak at 3,017.99, showing a strong momentum in the short term. The price is currently consolidating just below the psychological resistance level of 3,000 with an ascending triangle structure forming. This pattern is often a bullish signal when the price is accumulating strength to break out to higher price levels, especially when support is continuously being elevated.

MA(7) at 2,972.68 and MA(25) at 2,977.57 are converging to create a strong dynamic support area just below the current price. Although volume has decreased to 5,253 ETH, this is a positive sign of healthy consolidation before the breakout. The ratio of 79.02% buyers to 20.98% sellers indicates an extremely bullish sentiment with a strong bias towards buyers, laying a solid foundation for the next price increase.

This long setup has a high probability as the price is testing the demand zone 2.960 - 2.980 with support from both MA(7) and MA(25). Positive performance over 30 days and 180 days shows that the medium-term trend is shifting to bullish. The resistance level of 3,000 has been tested multiple times and will likely be easily surpassed with the current overwhelming buying power, paving the way for the price to approach targets of 3.080 and 3.150 where there is ample liquidity from previous price levels.