$ETH
ETH/USDT – Short-Term Trade Signal (4h–1D chart)
Action: Buy
Entry Zone: $1,760 – $1,780
Take Profit Targets:
TP1: $1,823
TP2: $1,980
TP3: $2,100
Stop Loss: $1,720
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Technical Analysis:
Price: $1,771.10
24h Range: $1,761.62 – $1,834.86
Indicators:
Price is near the 24h low and approaching support
Oversold RSI on lower timeframes indicates a potential bounce
Volume remains healthy (~1.37B USDT)
Previous key resistance around $1,980 and $2,100
Long-Term Trend: Still bearish (-45.16% YoY), but potential short-term rebound
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Trade Strategy & Risk Management:
Position size: 1–3% of portfolio
Use a trailing stop once TP1 is hit to secure gains
If price breaks below $1,720, exit fully and reassess