The ETHUSDT Perpetual (Binance Futures) chart is showing a recovery after bouncing from the support area at 1,742. For a potential long trade, the entry zone is between 1,790 and 1,800 USDT, with a take profit target between 1,820 and 1,826 USDT. The stop loss should be placed below 1,775 USDT. If resistance forms around the 1,820–1,826 zone, a short trade can be considered, with an entry between 1,820 and 1,826 USDT, a take profit target between 1,790 and 1,780 USDT, and a stop loss above 1,830 USDT. The RSI(6) is at 57.42, indicating moderate bullish momentum without reaching overbought conditions. The 1-hour chart shows an uptrend forming, but with decreasing volume, which requires confirmation of the breakout’s strength. The key resistance level is 1,826.71 USDT, while the key support is at 1,742.15 USDT. It is important to trade cautiously near resistance and use proper risk management and leverage to mitigate potential risks.

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