General Analysis:

  • The overall trend on the 1-hour timeframe is currently rather bullish, but indicators show a mixed picture: several are bullish (Momentum, RSI, MFI, Stochastic, ADX), while others remain bearish (MACD, Vortex, PSAR, Fisher).

  • Current price is 1926 USDT, below the equilibrium level of the last swing (1964 USDT).

  • The high of the last swing was 2032 USDT, the low 1897 USDT. These levels are likely zones for manipulation, so price reactions around them should be closely monitored.

  • Average to moderate volatility (ATR: 24).

Key Technical Levels:

  • Major demand/support zone at 1900 USDT and 1897 USDT (just below current price).

  • Another important support slightly lower at 1880 USDT.

  • Marked supply/resistance zone at 2001 USDT and 2015 USDT.

  • New intermediate resistance at 1985 USDT.

  • Bearish FVG (Fair Value Gap) located between 1924 USDT and 1975 USDT, which can act as an imbalance/repulsion zone if price retraces into it.

  • Above that, the next major resistance at 2147 USDT if previous resistances are decisively broken.

  • Pay attention to the equilibrium level (1964 USDT), which can act as a pivot for the coming sessions.

Trading Opportunities & Scenarios:

  • A potential long (buy) opportunity may appear if price wicks below the 1897–1900 USDT support zone (stop hunt / liquidity grab), then quickly reclaims the level with bullish reversal signals such as a pin bar, bullish engulfing, or reversal structure on lower timeframes (e.g., double bottom on 5–15 min).

  • Ideal entry would be after a clean rejection from the 1897–1900 USDT zone, with progressive profit-taking first toward 1964 USDT (equilibrium), then 1985 USDT, and finally 2001 USDT (major resistance).

  • Stop-loss should be placed below the last swing low (below 1897 USDT) to avoid manipulation wicks.

  • Conversely, if price quickly drops back below the 1897 USDT zone and fails to reclaim it, avoid entering longs. A confirmed close below 1880 USDT would signal continuation lower toward 1850 USDT.

  • For a short (sell) position, wait for a liquidity hunt above 2001–2015 USDT, followed by a clear rejection and bearish reversal signals (e.g., upper wick, bearish engulfing, M-top structure on a smaller timeframe).

My Expectation:

  • My preferred scenario remains a bullish rebound if price reaches the 1897–1900 USDT zone and shows a clear rejection reaction, confirmed by reversal structure on shorter timeframes.

  • Planned entry: after a fakeout or wick below 1900 USDT followed by quick reclamation and confirmed bullish structure.

  • Profit-taking first at 1964 USDT, then 1985 USDT, with possible extension toward 2001 USDT.

  • Stop-loss must be placed below the last significant low.

  • If price collapses below 1897 USDT without any bullish reaction, I stay on the sidelines and wait for either a new stabilization or a deeper liquidity grab.

  • I only flip to bearish bias if a validated break of 1897–1880 USDT occurs with clear bearish acceleration.

Note:
This is not investment advice, simply an educational report to help you analyze ETHUSDT. Always wait for confirmations and prioritize proper risk management!

@Uruk-hai1908