$ETH /USDT – Short-Term Trade View (Based on 1H & 4H charts)

Signal: ⚠️ Cautious Long / Pullback Expected

Entry Zone: 2,980 – 3,000

Current Price: ~3,013

Targets:

TP1: 3,050

TP2: 3,085

TP3: 3,120

Stop Loss: 2,940

Analysis:

On the 1H timeframe, ETH has shown a strong bullish impulse candle with price moving above EMA(30). However, RSI(6) is around 84, which signals overbought conditions, so a short-term pullback or consolidation is possible before continuation. MACD on 1H is bullish with increasing histogram, supporting momentum but also indicating late entry risk.

On the 4H timeframe, price is still below EMA(100) and near EMA(30), suggesting this move is more of a relief bounce rather than a full trend reversal. RSI is around 62, which is healthy but not extremely bullish yet. MACD is improving but still near the negative zone.

Conclusion:

ETH is bullish in the short term, but chasing at current levels is risky. Best approach is to wait for a small pullback near 2,980–3,000 for a safer long. If price fails to hold above 2,980, further consolidation can happen. Risk management is important here.