#SwingTradingStrategy

Swing Trading Strategy:

Trading opportunity according to Swing Trading strategy on ETH/USDT pair

Currently, the ETH/USDT pair shows clear signals that might interest short to medium-term traders. After the price rebounded from the support level at $3,400, it started to form a higher low, which may indicate the beginning of a short-term upward wave. Using the RSI indicator, we notice it exiting the oversold area, while the MACD shows the beginning of a positive crossover. The first target could be at 3,750$ with a stop loss below the last support. This is a suitable opportunity for traders who prefer trades that extend over days or weeks, relying on technical analysis and recurring signals in the market. Remember that capital management is essential in this type of trading.