$ETH / USDT
The daily trend is still bearish, but the market is ranging on the 4-hour chart and trying to build a strong base downward. The RSI on the 1-hour chart is 26, which clearly indicates an oversold condition, increasing the chances of a short-term bounce.
A breakout above the 1H EMA50 will be our confirmation signal.
Now, why?
Momentum is gradually shifting. The extremely low RSI on the 1-hour indicates that selling pressure is weakening and a short-term reversal is possible.
📈 Actionable trade setup (LONG)
Entry (Market): 2908.367578 – 2925.349616
TP1: 2967.804711
TP2: 2984.786749
TP3: 3018.750825
Stop Loss: 2865.912483
⚠️ Take special care of risk management and enter with confirmation.
#CPIWatch #BTCVSGOLD #TrumpTariffs #BinanceBlockchainWeek #USJobsData $ETH
