$ETH /BTC Perp Trade Setup
Market Insight:
$ETH /BTC pair is showing modest strength, bouncing from recent lows with a current price of 0.025341. It's trading near the middle Bollinger Band (MB: 0.025337) and approaching the upper band (UP: 0.025794), suggesting short-term momentum is recovering. Volume on the ETH side is relatively healthy, while BTC-side liquidity looks constrained.
Entry
Suggested Buy Range: 0.02520 – 0.02535
Entry near current levels or slight dip offers a good risk-reward setup.
Targets
Target 1: 0.02560 – retest of recent highs
Target 2: 0.02580 – near upper Bollinger Band resistance
Target 3: 0.02620 – breakout continuation if momentum sustains
Stop Loss
Below 0.02485
(Below Bollinger Band support and 24h low – gives room to avoid false wicks)
Key Levels
Support: 0.02485 / 0.02456 (24h low) / 0.02421
Resistance: 0.02560 / 0.02580 / 0.02620
Pivot Zone: 0.02533 – aligns with mid-band and current price
Pro Tip
ETH/BTC often reflects altcoin season sentiment. A sustained move above 0.02580 could signal Ethereum's relative strength against Bitcoin. Consider scaling out on strength and trailing stop above 0.02560 if BTC shows signs of dominance resurgence.
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