🔍 MARKET SNAPSHOT
1. Oversold Indicators Flashing:
Stochastic RSI (8.75): Deeply oversold—lowest level since April.
Williams %R (-68.58): Approaching oversold zone.
RSI (6) at 47.19: Neutral, but positioned for a potential pivot.
2. Bullish Divergence Emerging:
On-Balance Volume (+1.12M): Accumulation signs—buyers stepping in on dips.
Long Bias: 68.29% of accounts and 66.43% of positions are net long.
3. Support Structure Holding:
Price remains above the Bollinger Midline (2,597.73).
24H Low (2,594.50) intact—buyers defending the zone aggressively.
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🎯 TRADE PLAN
✅ Bullish Scenario (70% Confidence):
Entry Zone: 2,600–2,610, with green candle confirmation.
Target Levels:
→ 2,630 (minor resistance)
→ 2,680 (recent high)
→ 2,720 (upper channel/major resistance)
Stop Loss: 2,590 (just under key support).
🔻 Bearish Backup Plan (30% Risk Case):
Trigger: Clean break below 2,594.50.
Downside Targets:
→ 2,550
→ 2,508 (lower Bollinger Band)
Stop Loss: 2,620 (invalidates bearish setup).
ETHUSDT Perp
Current Price: 2,635 | Daily Change: +0.62%
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📊 RISK CONTROLS & CONFIRMATIONS
Leverage: Max 5x recommended—volatility risk!
Sizing: Use only 2–3% of total capital.
Validation Signals:
Bullish: MACD crossover to green + rising volume.
Bearish: Breakdown below 2,594 with strong sell volume.
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#ETH #CryptoTrading #OversoldOpportunity #TradeSetup #ETHUSDT
⚠️ Disclaimer: Always use stop-loss. Watch for MACD (-0.05) to shift momentum.