Entry Signal & Buy Zones 📍
Primary Buy Zone: $2,920–$2,950
Current price hovers around $2,949.51 (as of 09:05 Hong Kong Time, Wednesday)
This range aligns with key support levels identified in hourly analysis
15-minute EMA cluster (EMA5: $2,950.86, EMA10: $2,951.09, EMA20: $2,949.44) confirms consolidation strength
Bollinger Band middle line at $2,951.33 acts as dynamic support
Secondary Accumulation Zone: $2,900–$2,920
If price breaks below $2,920, this represents a deeper dip-buy opportunity
Fibonacci 61.8% retracement at $2,947.17 provides additional confluence
Stop Loss Placement 🛑
Recommended Stop Loss: $2,886–$2,890
This sits below the 1-hour low of $2,886.68 (from yesterday's volatility spike)
Provides ~2.1% risk buffer from current levels
Protects against false breakdowns while allowing normal intraday noise
Aggressive Stop (Tighter Risk): $2,920
For traders seeking <1% risk exposure
Triggers on break of immediate support zone$ETH
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