๐ $ETH USDT Perp โ High-Probability Trade Setup ๐
Current Price: **$2,938.07** | Change: -0.01%
**Mark Price:** $2,938.08
24h Range: $2,904.11 โ $3,009.00
๐ Quick Snapshot:
ยท โ MA(7): $2,936.04 โ Price slightly above
ยท โ MA(25): $2,937.09 โ Price hugging this level
ยท โ ๏ธ MA(99): $2,952.13 โ Price below, showing mild resistance above
Volume: 10.76K (below MA5 & MA10 โ low momentum)
๐งฉ Key Levels:
ยท Resistance: $2,940.84 โ $2,956.27 โ $2,971.70
ยท Support: $2,925.41 โ $2,913.49 โ $2,909.98
ยท Pivot Zone: $2,936 โ $2,940
๐ Trade Idea: NEUTRAL to SHORT on Retest
Why?
1. Price is sandwiched between MA(7) and MA(99) โ indecision.
2. 24h high rejection at $3,009 suggests selling pressure.
3. Volume is declining โ buyers are hesitant.
4. Last candle closed near daily open โ no strong trend.
Ideal Short Entry: $2,945 โ $2,955 (near MA99 & previous resistance)
Stop Loss: $2,975 (above recent swing high)
Take Profit:
ยท TP1: $2,925
ยท TP2: $2,913
ยท TP3: $2,905
Ideal Long Entry: Break above $2,956 with volume
**Stop Loss:** $2,925
Target: $2,980 โ $3,000
๐ก๏ธ Risk Management Tips:
ยท Trade small until clear breakout occurs.
ยท Watch Bitcoin for direction clues.
ยท Avoid trading during low volatility (current phase).
๐ Final Takeaway:
ETH is at a make-or-break zone.
ยท Bearish below $2,935
ยท Bullish above $2,956
Patience is key. Wait for confirmation before entering!
๐ฅ Like & Follow for more clear, actionable setups!