ETH TRADING PLAN
Strong Support$3,000–$3,050Critical floor; 61.8% Fib retracement and 200-day EMA (~$3,124). Break below targets $2,900 (prior low).
Near Support$3,177–$3,200Immediate zone; 20-day EMA (~$3,188) and high-volume node from early Dec. Recent bounces confirm.
Pivot/Current$3,240–$3,250Equilibrium; aligns with classical pivot (~$3,352) and current consolidation.
Near Resistance$3,320–$3,350First barrier; 50-day EMA (~$3,311) and upper Bollinger Band. Rejection caps range.
Strong Resistance$3,450–$3,500Key overhead; 100/200-day EMA cluster (~$3,454–$3,506) and prior highs. Break eyes $3,762 ATH.
Entry and Exit Points
Setups from RSI/MACD signals and candlestick patterns (e.g., bullish engulfing at support). Target 1:2 risk-reward; ETH volatility (ATR ~$120) warrants tight stops.
Long (Buy) Setup:
Entry: $3,200–$3,230 (rebound from near support with RSI >50 and MACD cross).
Stop-Loss: $3,150 (below strong support, ~2% risk).
Take-Profit (Exit): $3,350 (partial at near resistance, 50% position) and $3,450 (full on EMA break).
Rationale: RSI rebound and ETF flows signal 5–8% upside if $3,300 clears.
Short (Sell) Setup:
Entry: $3,340 (rejection at resistance with bearish MACD fade).
Stop-Loss: $3,380 (above resistance, ~1% risk).
Take-Profit (Exit): $3,200 (partial at near support) and $3,050 (full on breakdown).
Rationale: Fading momentum and overhead EMAs suggest 4–7% downside if BTC stalls below $92K.
Time Frame Analysis
Short-Term (1H–4H Charts, Next 1–3 Days): Neutral bias with range $3,200–$3,350 amid thin volume; 50% chance of resistance test. Watch Fusaka testnet echoes for volatility.
Medium-Term (Daily/Weekly, End of December 2025): Bullish targeting $3,600–$3,900 if $3,200 holds, driven by upgrade hype and staking yields (8–12% APR). Consensus forecasts: $3,650–$3,980 by EOM, with $2,900 floor on risk-off.
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