$ETH /USDT Market Structure
ETH
2,983.85
+2.08%
Price ≈ 2950
Below EMA 25 (3057) and EMA 99 (3426) → higher-TF trend still bearish
RSI ~ 45 → neutral, mild recovery
Stoch RSI near oversold → short-term bounce possible
Key support held near 2840–2880
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🟢 Bullish (Short-term bounce play)
✅️Entry: 2920–2960
❌️Stop-Loss: 2840 (below recent support)
Targets:
🎯TP1: 3050 (EMA 25 / first resistance)
🎯TP2: 3160
🎯TP3: 3380 (only if strong breakout & daily close above 3100)
Bias: Relief bounce, counter-trend trade ⚠️
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🔴 Bearish (Trend continuation)
If price fails below 3050 and rejects:
✅️Short Entry: 3020–3060 rejection
❌️Stop-Loss: 3140
Targets:💲
🎯TP1: 2880
🎯TP2: 2720
🎯TP3: 2620 (major daily support)
📌 Key Levels to Watch
Resistance: 3050 → 3160 → 3380
Support: 2880 → 2720 → 2620