$ETH — Trade Signal Analysis (Complete Review)
Current Price & Trend
• Price: $2,018.52
• 24h Change: -3.78% (short-term bearish momentum)
• 24h Range: $2,013.25 – $2,152.03 (price near daily low)
Technical Indicators
• Stochastic (K/D/J):
• K: 29.31 | D: 23.08 | J: 41.75 → Oversold conditions (K & D below 30), but not extreme
• Volume Trends:
• Today: -4.28% | 7 Days: -14.09% → Declining volume suggests weakening momentum or consolidation
Key Levels
• Support: ~$2,013 (24h low)
• Resistance: ~$2,152 (24h high)
• Depth Chart: Strong liquidity around $1,747–$2,018 → robust support below current price
Order Book Imbalance
• Bid/Ask Split: 76.66% Buy / 23.34% Sell → Strong buying pressure, hinting at potential accumulation near support
Trade Signal — Conditional LONG
• Entry Zone: $2,015 – $2,020 (near daily low & order book support)
• Stop-Loss: Below $2,010 (break of 24h low)
• Take Profit Targets:
• TP1: $2,080
• TP2: $2,150 (24h high)
• Confirmation Needed:
• Bullish reversal candlestick (e.g., hammer, bullish engulfing) on 1H/4H chart
• Volume pickup on the upward move
Risk Notes
• Market is in a short-term downtrend (-3.78% in 24h)
• Break below $2,010 → next support around $1,747 (per depth chart)
• Use tight risk management and consider smaller position size due to volatility
Recommendation:
Wait for bullish confirmation before entering $LONG . Avoid entering if no reversal forms or support fails.
$ETH #BitcoinGoogleSearchesSurge
