$ETH
USDT Perp – Trade Setup
Direction: LONG (pullback only – RSI severely overbought)
Entry Zone: 2,300 – 2,340
Stop Loss: 2,250 (below Supertrend)
Take Profit: TP1 2,395 / TP2 2,440 / TP3 2,500
Reasoning:
· Price up +7.86%, trading far above Supertrend (2,254) – strong uptrend.
· RSI(6) at 85.05 – extremely overbought; do not chase. Wait for pullback to entry.
· MACD very bullish (17.57) with DIF above DEA – momentum extreme but can sustain.
· 24h high at 2,395.85 – immediate resistance; 24h low 2,198 provides support.
· High volume ($14.7B) – deep liquidity.
Invalidation: Daily close below 2,250.
R/R: ~1:2.5
NFA – overbought conditions increase risk of sharp dips; patience required.
USDT Perp – Trade Setup
Direction: LONG (pullback only – RSI severely overbought)
Entry Zone: 2,300 – 2,340
Stop Loss: 2,250 (below Supertrend)
Take Profit: TP1 2,395 / TP2 2,440 / TP3 2,500
Reasoning:
· Price up +7.86%, trading far above Supertrend (2,254) – strong uptrend.
· RSI(6) at 85.05 – extremely overbought; do not chase. Wait for pullback to entry.
· MACD very bullish (17.57) with DIF above DEA – momentum extreme but can sustain.
· 24h high at 2,395.85 – immediate resistance; 24h low 2,198 provides support.
· High volume ($14.7B) – deep liquidity.
Invalidation: Daily close below 2,250.
R/R: ~1:2.5
NFA – overbought conditions increase risk of sharp dips; patience required.