$ETH /USDT – Oversold Bounce Setup (1H)
⚠️ Counter-trend scalp after capitulation
Entry: 2,935 – 2,942
TP1: 2,955
TP2: 2,965
Trend: Breakdown – price below EMA 7 / 25 / 99
Momentum: RSI(6) ~26 → deeply oversold, bounce zone
Volume: Selling spike → capitulation behavior
Magnet: EMA 7 near 2,952 often gets tapped after sharp drops
Structure: Falling knife, trade the reaction only
Bias: Short-term bounce toward EMA 7, main trend still bearish