$ETH

ETH
2,951.23
-0.66%
ETH/USDT Analysis – Short Buy Opportunity (Scalp)
📊 General Context:
· D1: Downtrend (price below EMA50 & EMA200).
· 4H: Fluctuating wave with slight downward tilt (RSI 49.55).
· H1: Short-term bullish signals (MACD positive, RSI 53.68).
🎯 Suggested Entry Area (Buy): 3,125 – 3,130
⛔ Stop Loss: 3,115
✅ Profit Targets:
· TP1: 3,150
· TP2: 3,165
· TP3: 3,180
📈 Entry Conditions:
· Bullish reversal candle on H1.
· Continued positive MACD on H1.
· RSI on H1 above 50.
⚠️ Warning: Retracement trade within a downtrend, targets are conservative and ready for quick exit.
📢 Summary: Short-term bullish signals on H1 provide a scalp opportunity, but the overall trend is still downward.