$ETH USDT Perp Trading Strategy

Market Insight:

$ETH is showing slight weakness, trading just below key resistance levels. The price is hovering around $2,965, down 0.43% over the last 24h. Momentum is neutral to slightly bearish in the short term, with SAR suggesting a local top near $2,991.79.

Entry:

Buy Zone: $2,925 – $2,955 (watch for bounce signals near the lower end)

Wait for confirmation: Bullish engulfing or RSI divergence on 1H chart

Targets:

Target 1: $2,995 (minor resistance / SAR level)

Target 2: $3,040 (24h high / key resistance)

Target 3: $3,105 (next Fib extension level)

Stop Loss:

Below $2,880 (under recent swing low & psychological support)

Key Levels:

Support: $2,880 / $2,825

Resistance: $2,995 / $3,040 / $3,105

Pivot: $2,965 (current consolidation zone)

Pro Tip:

Watch for volume breakout above $2,995 to confirm bullish continuation. Avoid chasing entries above $3,000 unless there's strong momentum and BTC is also pushing up.

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