$ETH /USDT : The daily downtrend is heavy, but the 4H is now ranging, showing a potential base. The 1H chart is coiled below its EMAs, with RSI deeply oversold at 39.74. The trigger is a 15m RSI cross above 50, signaling a momentum shift. This is the bounce catalyst. A break above the 1H EMA50 confirms the short-term reversal, targeting the first 4H resistance. The risk is defined below the recent low. A high-urgency, low-risk long is forming now.
Actionable Setup Now (LONG)
Entry: market at 2911 – 2935
TP1: 2976
TP2: 2994
TP3: 3031
SL: 2865
ETHUSDT
Perp
2,830.8
-3.47%