Trend Assessment $ETH

😎 Personal: Analysis mainly based on the 1D framework

Goods are piled up at a strong resistance area of $2420 - $2480. Having broken all previous supports, a strong rise is unlikely. Personally, I see it negatively, so there’s not much to say.

🤖 AI Agent:

✅ Proposed Strategy

Situation: Currently holding

Action: Cautious, may take partial profits if the price continues to weaken below MA20

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Situation: Looking to buy

Action: Wait for a reaction in the 2,150–2,200 area, combining reversal candles + RSI < 30

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Situation: Looking to short

Action: If the price retraces to the 2,500–2,580 area (MA50) and is rejected → Short with SL above MA200

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📉 Summary:

ETH has broken the short-term uptrend. Currently, there are signals leaning towards a bearish outlook in the short term. If the support area of 2,200 is not held, it’s likely that ETH will continue to test the 2,000 – 2,050 area.

I am not trading #altcoin , just providing information for those in need.