๐ ETHUSDT Perpetual Trade Analysis
Over the past 24 hours, the ETHUSDT perpetual chart has shown notable volatility, reflecting market uncertainty. After a mild recovery attempt, Ethereum faced a dip during the early Asian session but managed to stabilize near the $3,350โ$3,400 range. I executed a long position at the $3,365 support level with a tight stop below $3,340, targeting a bounce back toward $3,450 resistance.
I'm using 3x leverage on Binance Futures, keeping risk management strict. The RSI was oversold on the 1h timeframe, hinting at a possible reversal โ which we saw forming toward the end.
Letโs see how this plays out!
