Ethereum (ETH/USD)

Bollinger Bands (BB 20, SMA close 2)
ETH tried to break out but was pushed back, suggesting resistance near $2,555–$2,560.

Current Price: ~$2,530.

SMA Confluence: Price is oscillating around the moving average—shows indecision.

Lower Wicks: Buyers stepped in around $2,500–$2,510 (support zone).

🎯 Potential Entry Points:

✅ Long Entry (Buy) Option:

Entry: Around $2,520–$2,530, after confirmation of bullish candle above SMA or middle Bollinger Band.

SL (Stop-Loss): Below recent swing low, ~$2,495.

TP (Take-Profit): Near upper band ~$2,560–$2,580.

🚫 Short Entry (Sell) Option:
Only if:
Price closes below $2,520 and breaks the middle BB/SMA with volume.

Entry: $2,520 break with a bearish confirmation candle.

SL: Above $2,540.

TP: ~$2,500 or lower.