$ETH USDT Perp Analysis & Trade Setup
Current Situation:
· Price: 3,107.32
· Below MA(7) = 3,115.52 & MA(25) = 3,125.69
· Above MA(99) = 3,078.92 (supports)
· Mark Price slightly higher at 3,107.49 (no big funding pressure)
· 24h Range: 3,066.17 – 3,179.99 → Price is in lower half
Key Levels:
· Resistance: MA(25) ~ 3,125, then 3,150–3,178 zone
· Support: MA(99) ~ 3,079, then 24h Low 3,066
✅ Trade Idea – SHORT Bias (Scalp/Swing)
Why Short?
1. Price below MA7 & MA25 → short-term bearish structure
2. Failed to hold above 3,150 → selling pressure visible
3. Nearest resistance closer than support → risk-reward better for short
4. Daily trend still ranging, but momentum favors downside retest
Entry Zone: 3,115 – 3,125 (near MA resistance)
Stop Loss: Above 3,140
Target 1: 3,079 (MA99)
Target 2: 3,066 (24h Low)
Risk/Reward: ~1:2+ if targeting 3,066
