Specific levels for trading ETH today (May 1, 2025) considering the current market context:
1. Entry zone
- Main buying zone (long): $1,780–$1,800
- Confirmation: bounce from support level + RSI (4H) convergence > 30.
- Alternative: breakout and retest of $1,820 with volume.
- Short trade: Only if there is a clear rejection from $1,850 with volume and candle close below $1,830.
2. Take-Profit Targets
- Conservative TP1: $1,950–$2,000 (liquidation zone of April positions).
- Moderate TP2: $2,200–$2,300 (pre-hardfork activity before Pectra on May 7).
- Aggressive TP3: $2,500+ (upon breaking key resistance and FOMO).
- For short: TP1 $1,720, TP2 $1,650 (only if falling below $1,750 with confirmation).
3. Stop-Loss
- For long: $1,740 (below psychological support and the lows of April 30).
- For short: $1,870 (if the price settles above $1,850, the scenario is invalid).
4. Risk management
- Risk per trade: No more than 1–2% of the deposit.
- Recommended leverage: ≤3x
Example trade (long):
- Entry: $1,790
- Stop: $1,740 (-2.8%)
- TP1: $1,950 (+8.9%)
- TP2: $2,200 (+22.9%)
All financial risks and decisions are yours alone, always conduct your own analysis.
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