ETHUSDT – Breakout from Contraction Zone Ethereum / TetherUSBINANCE:ETHUSDTGihanhemachandraSetup: Ethereum (ETH) has been consolidating in a tight range for several weeks, holding above its 50-day and 200-day moving averages. Price has now pushed above short-term moving averages and cleared the local resistance zone, signaling renewed momentum. Entry: 🔹 Buy near $4,420–4,450 on confirmation of breakout. Stop: 🔻 Place stop just below supertrend and recent swing low at $4,050 (tight risk management). Targets: 🎯 $4,700 (first target, prior swing high) 🎯 $5,000+ (measured move if momentum expands) Why I Like This Trade: ✅ Strong base & contraction → volatility squeeze setup ✅ Clear risk level (tight stop) for high R/R ✅ Market sentiment improving, crypto strength building ⚠️ Risk Note: Watch for sharp volatility around macro data releases — consider reducing size or scaling in gradually. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. Risk Management is Your Shield! Always prioritise risk management. It’s your best defence against losses.