$ETH 📉 ETH in critical zone: Advanced analysis after the drop of -3.39%
Ethereum is trading at $2,074, showing weakness in the short term. But, what do the technical indicators say?
🔍 Technical context:
· EMA 50: $2,120 (dynamic resistance)
· EMA 200: $2,050 (key support)
· RSI: 42, not oversold yet, but with room for more declines if it loses strength.
· MACD: recent bearish crossover, negative histogram.
· Volume: increase in the drop, suggesting selling pressure.
· Fibonacci: 61.8% retracement from the last bullish leg at $2,030. Important support zone.
📊 Probable scenarios:
1️⃣ Bullish bounce: If it holds $2,050 and recovers $2,100, it could look for $2,150 (resistance). Requires buying volume.
2️⃣ Bearish continuation: If it loses $2,030, the next support is at $1,980 (previous low) and then $1,920.
🎯 Advanced strategy (swing trading):
· Long entry only if it confirms a bounce at $2,050 with an absorption candle or bullish divergence in RSI.
· Stop loss below $2,020 (-1.5%).
· Take profit at $2,120 (first target) and $2,150 (second).
· Risk/reward ratio: 1:2 or better.
⚠️ Risk management: Do not over-leverage. Wait for confirmation. The market remains uncertain.
What strategy do you apply? Do you buy the dip or wait for lower?
#ETH #Ethereum #TradingAvanzado #AnálisisTécnico #Crypto