$ETH ETHUSDT Perpetual Futures Trading Strategy
1. Market Overview:
Current Price: 2,182.64 USDT
Key Resistance: 2,227
Key Support: 2,165 (then 2,000)
Indicators:
RSI (61.27): Slightly bullish but not overbought
MACD (+0.66): Shows bullish momentum, but could weaken
OBV: Rising, but could drop if price falls (indicating selling pressure)
2. Trading Plans Based on Setup:
A. Long Position (Buy) Setup:
Condition:
Price pulls back to the 2,165 support zone and bounces
Entry:
Between 2,170–2,180
Targets:
First target: 2,200
Second target: 2,227
Stop-loss:
Below 2,150
Leverage:
3x–5x
Risk Management:
Risk only 1–2% of total capital
B. Short Position (Sell) Setup:
Condition:
Price breaks below the 2,165 support level
Entry:
Between 2,160–2,155
Targets:
First target: 2,100
Second target: 2,000
Stop-loss:
Above 2,180
Leverage:
3x–5x
C. Breakout Long Trade (Resistance Break):
Condition:
Price breaks above 2,227 with strong confirmation and volume
Entry:
Between 2,230–2,235
Targets:
First target: 2,300
Second target: 2,400–2,500
Stop-loss:
Below 2,200
3. Additional Guidelines:
Watch Indicators: If RSI drops below 50 and MACD gives a bearish crossover, it confirms bearish sentiment.
Volume Check: If OBV diverges from price action, be cautious.
News Awareness: Always watch for fundamental news or announcements that could move the market.
Summary:
Since the price has pulled back from the 2,227 resistance level, do not enter a trade immediately. Wait for:
A bounce at 2,165 for a potential long
A breakdown below 2,165 for a short
A confirmed breakout above 2,227 for a breakout long
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