$ETH ETH/USDT – Short-Term Trade Signal

Action: Buy

Entry Zone: $1,775 – $1,795

Take Profit Targets:

1. TP1: $1,822

2. TP2: $1,835

Stop Loss: $1,758

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Technical Analysis:

Support Zone: $1,760–$1,775, showing price reaction and reversal wicks

Resistance Zone: $1,830–$1,840 (recent highs)

MACD/RSI: RSI recovering from oversold; MACD shows crossover signal

Bollinger Bands: Price is bouncing off the lower band, indicating potential mean reversal

Volume: Healthy buying activity with a volume of $1.44B USDT—suggests continuation

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Trading Strategy and Risk Management:

Set 1.5:1 or 2:1 risk/reward depending on your TP preference

Risk 1–2% maximum of your portfolio

Enter after a bullish candle confirmation of 1H or 30m

Follow SL after TP1 to secure profits