๐ Key Changes vs Previous
Price: $2,557.71 (+2.80% from $2,498.55)
24h Low: $2,461 โ rebound confirmed
Volume: 47.98K ETH << 5-day avg (787.67K) โ โ ๏ธ extremely weak conviction
RSI: Slight uptick to 42.50 (from 38.42) โ still bearish
MACD Histogram: -14.67 (worse than -13.38) โ bearish pressure increasing
EMA(25): Acted as resistance at $2,553.83
๐ Key Metrics
Price: $2,557.71
EMA(7): $2,617.67
EMA(25): $2,553.83
EMA(99): $2,355.60
RSI(6): 42.50
MACD Histogram: -14.67
Volume: 47.98K ETH (vs 787.67K 5-day avg)
๐ Technical Analysis
Rebound Failing: Rejection at EMA(25) โ lower high forming
MACD Weakness: Histogram dropping despite price uptick โ hidden bearish divergence
Volume Collapse: No real buying strength โ bounce lacks validation
Death Cross Active: EMA(7) < EMA(25) โ downtrend continuation
๐ฎ Price Prediction
Next 12โ24H:
๐ป Base Case (80%): Rejection holds โ slide to $2,500 โ $2,461
๐ผ Bull Case (20%): Break $2,554 โ squeeze to $2,580
3-Day Outlook:
Close < $2,461 = drop to $2,355
Bullish case only if above $2,617 (EMA 7)
โ๏ธ Trade Plan
โ Intraday Scalps (4โ6h)
Short Scalp
Entry: $2,552โ$2,557
Targets: $2,520 โ $2,500
SL: Above $2,565
Confirm: RSI <40 + bearish 1h close
Breakout Fade
Entry: $2,560 (fakeout level)
Targets: $2,540 โ $2,520
SL: Above $2,575
Trigger: Volume <50K ETH
๐งฒ Swing Trades
Aggressive Short
Entry: $2,540
Targets: $2,461 โ $2,420
SL: Above $2,560
Trigger: MACD Histogram < -15
Support Long
Entry: $2,362 (EMA 99)
Targets: $2,461 โ $2,500
SL: Below $2,350
Confirm: RSI <35 + bullish reversal candle
๐ Risk Management
Scalp Size: โค1.5%
Swing Size: โค2%
Max SL Risk: 0.8% of capital
TP Zones:
Shorts: $2,500 and $2,470
Longs: $2,500 and $2,550
๐จ Critical Triggers
- BEARISH CONFIRMATION: ! MACD Histogram < -15 ! RSI < 40 ! 4h close < $2,500 ! High volume breakdown >500K ETH + BULLISH REVERSAL: ! Close > $2,617 (EMA 7) ! RSI > 50 ! MACD Histogram > -10 ! Volume > 600K ETH
๐ง Summary
ETH/USDT is facing a weak technical bounce with bearish indicators rising:
๐งฑ Major Resistance: $2,553.83 (EMA 25)
๐ Major Support: $2,461.72 (if broken, eyes $2,355)
๐ Top Short Zones: $2,552โ$2,560
๐ช Safer Long Zones: $2,362 (only with confirmation)
โ Avoid buying above $2,500 until a breakout above $2,617 occurs
โ ๏ธ MACD + Volume divergence suggests this is a bull trap zone. Stick to shorts unless reversal is proven.
TAKE TRADE FROM HERE ๐ $ETH
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