1. Key Price Levels
- Current Price: $2,041.46 (+12.97% for the last period).
- 24h High/Low: $2,075.10 / $1,786.00.
- Important levels:
- Support: $1,786.00 (minimum in 24h), $1,900.00 (psychological level).
- Resistance: $2,075.10 (maximum in 24h), $2,100.00 (round level).
2. Volumes and Liquidity
- Volume (ETH): 10.85 million ETH.
- Volume (USDT): 20.92 billion.
High volume indicates strong activity, confirming the significance of the current movement.
3. Trend and Volatility
- The price has increased by +12.97%, demonstrating a strong upward trend.
- Volatility is high (the difference between High and Low in 24h — ~$289).
4. Trading Plan
Scenario 1: Continuation of Growth
- Long Entry: Upon confirmation of a breakout at $2,075 (e.g., closing of a candle above the level).
- Take Profit: $2,100, $2,150.
- Stop Loss: $2,020 (below the current price and the marking price of $2,041.47).
Scenario 2: Correction
- Short Entry: If the price pulls back to $2,075 and is rejected with high volume.
- Take Profit: $1,950, $1,900.
- Stop Loss: $2,100.
Scenario 3: Consolidation
- If the price fluctuates in the range of $2,000–$2,075, you can trade from the boundaries:
- Long from $2,000, stop below $1,990.
- Short from $2,070, stop above $2,080.
5. Risk Management
- Do not risk more than 1-2% of capital on a trade.
- Consider the high volatility — use trailing stops to protect profits.
6. Additional Factors
- Monitor the overall market (BTC, macroeconomic news).
- Watch the volume: a decrease in volume with rising prices may signal trend weakness.
Conclusion:
Today's plan is focused on breakout or correction after strong growth. Priority is long if the price holds above $2,040, but be prepared for sharp pullbacks.