@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.21
Analysis
1956
Correct
630
Fail
1288
Pending
38
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
ETHUSDT
Long Entry
2,955.3500
2026-01-24
00:22 UTC
Target
3,000.0000
Fail
2,800.0000
In 24 Hours
Risk/Reward
1 : 0
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Final PnL
-5.26%
P/L: —
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Ethereum is currently testing a structural support level at $2887 after a sharp rejection from resistance. The market is exhibiting range-bound price action. The speaker observes a potential 5-wave decline, suggesting that one more low would be ideal before a potential bounce. This further dip would set up a cleaner Wave 2 rally. The predicted rally aims for the upper resistance area, estimated around $3000. The current price being $2887, and the target price is $3000. A fail bound for this bullish setup would be established below $2800, invalidating the rally scenario if breached.