$ETH #ETH

ETH/USDT – Technical Analysis (1H)

1. Trend Overview:

Current Price: 2,675.80 USDT

Increase +4.99% in 1H

Nearest Support: 2,640 – 2,588

Nearest Resistance: 2,693 – 2,720

2. Indicator Analysis:

RSI (6): 81.23 → Overbought area, may be about to correct.

MACD:

MACD > Signal + Histogram strongly increasing → Confirms short-term uptrend.

MA (7/25/99):

MA(7) > MA(25) > MA(99) → Clear upward signal.

3. Trading Strategy Suggestions

A. Long Trade:

Entry: 2,640 – 2,650 USDT (when price corrects to MA7/MA25)

TP1: 2,693 USDT (near resistance)

TP2: 2,720 USDT (extended based on MACD strength)

SL: 2,588 USDT (below MA25)

> Safe strategy if RSI drops to ~60–65 and price does not break MA25.

B. Short Trade:

Entry: 2,693 – 2,700 USDT (near resistance + RSI > 80)

TP1: 2,640 USDT

TP2: 2,600 USDT

SL: 2,720 USDT

> Suitable for short scalping if weakness is seen at the RSI peak and reversal candles occur.

C. Spot Trade:

Entry: 2,640 – 2,650

TP: 2,750 – 2,800 USDT (medium-term if holding according to MA trend)

SL: 2,580 USDT