$ETH
ETH/USDT Trade Signal (Short-Term)
Action: Buy
Entry Zone: $1,740 – $1,760
Take Profit Targets:
1. TP1: $1,780
2. TP2: $1,805
3. TP3: $1,820
Stop Loss: $1,715
Technical Analysis:
ETH recently bounced from the $1,722 support zone (24h low).
The current price ($1,759.72) is near the lower Bollinger Band with potential for a rebound.
RSI likely near oversold on lower timeframes (15m–1h), indicating a short-term buying opportunity.
Short-term trend may aim for the previous 24h high ($1,810).
Trade Strategy & Risk Management:
Enter gradually within the suggested zone.
Risk-to-reward ~1:2+ if targeting TP2 or higher.
Use tight SL ($1,715) to protect against further downside.
Adjust position sizing to risk no more than 1-2% of your capital.