$PEPE Day Trading Signal

$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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