⚠️ #ETHUSDT Oversold Carnage! Short Scalp or Reversal Play? Critical Levels Inside! ⚠️
Market Diagnosis
- Price: $2,453.31 (-6.80%)
- Trend: Extreme bearish momentum (↓6.8% in 24h) but oversold signals flashing.
- Key Support: $2,453 (Lower Bollinger Band) → BREACHED!
- Next Support: $2,382.50 (24h Low).
- Key Resistance: $2,586 (Middle Bollinger Band).
- Sentiment: 77.27% longs → high liquidation risk if downtrend continues.
Trade Strategy
Scenario 1: Bearish Continuation (70% Probability)
Entry (Short):
- Aggressive: Breakdown below **$2,450** → Enter $2,445-$2,450.
- Stop Loss: $2,490 (1.6% risk).
- Conservative: Retest of $2,520 (rejection zone) → Enter $2,510-$2,520.
- Stop Loss: $2,550 (1.2% risk).
Exit Targets:
- T1: $2,400 (↓2.0%)
- T2: $2,382 (24h Low ↓2.8%)
- T3: $2,350 (Psychological support ↓4.2%)
Scenario 2: Oversold Reversal (30% Probability)**
Entry (Long):
- Signal: Bullish reversal candle + RSI(6) >35 + hold above $2,450.
- Zone: $2,440-$2,455 (lower Bollinger dip).
- Stop Loss: $2,420 (1.2% risk).
Exit Targets:
- T1: $2,500 (↑2.0%)
- T2: $2,550 (↓Middle Bollinger Band ↑4.0%)
Why Bearish Bias?
- 📉 MACD: -21.91 (bearish acceleration).
- 🆘 RSI(6): 27.15 (oversold but NO divergence → weak bounce risk).
- 📉 Bollinger Bands: Price smashed lower band ($2,453) → breakdown confirmed.
- 💣 Liquidation Fuel: 77% longs = powder keg for cascading sells.
- 📉 Volume: Spot volume ↓ vs. MA(5) → weak buying interest.
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Surety Rate: 70% for Shorts | 30% for Longs
- Short Confidence:
- MACD/RSI/Bollinger triple bearish alignment.
- Liquidation-driven momentum likely below $2,450.
- Long Caution:
- Requires RSI reversal + $2,450 hold (low probability in downtrend).
#ETH #ShortSqueeze #Oversold #CryptoCrash
Disclaimer: 5-10x leverage MAX. Use 15m/1H charts for entries. Exit 50% at T1
🔥Key Advice: Shorts preferred until $2,450 reclaims + holds 4H! 🔥
