ETH Futures Trading – Weekend Consolidation Long Setup

🧭 Technical Overview:

• ✅ Trend: Clearly uptrend (MACD > 0, EMA9 > EMA21)
• 📉 Price is consolidating in a tight range, hovering between Bollinger Bands.
• 🔵 RSI ~56, MACD ~1.28 → bullish momentum, but not too strong yet
• ⚠️ Multiple R- and Re+ warning signals → sensitive area, potential volatility
• 🟥 “WEEKEND” status is on → liquidity might be lower

🟩 Suggested Strategy: LONG

🎯 Entry Zone: Around 2,522 – 2,525

(near EMA21 and mid-Bollinger Band)

🛡 Stop Loss (SL): Below the nearest support zone ~2,510

(just below EMA21 or below the recent local wick low)

🎯 Take Profits:

• TP1: 2,540 — local resistance / top of the range
• TP2: 2,555 — previous breakout area
• TP3: 2,580 — next major resistance if momentum expands

❗️Notes:

• Avoid entering during the weekend if liquidity is low
• If price breaks below EMA21 with increasing volume → skip the long setup
• Consider waiting for London/US session to confirm stronger momentum