📌 Analysis + Trade
Short-term trade – ETH/USDT ⏱️ 1h frame
Current price: $3,419.81
🔍 Brief technical overview:
The price dropped from a peak of 3,940 to 3,419, and the RSI6 reached ~14 → strong selling pressure.
The price is below EMA7 (3,501), EMA25 (3,636) and EMA99 (3,583) → medium-term bearish pressure.
A bounce from psychological support at 3,420–3,430 is temporarily expected before the trend continues.
🎯 Short-term buy trade settings (Bounce Play):
🔰 Entry point: when the 1h candle closes above $3,450
🎯 Short-term targets:
$3,500
$3,550
$3,600
$3,650
🛑 Stop loss: below $3,400
📌 Trader advice:
Wait for the closure of the 1h candle above 3,450 with increased buying volume, then distribute your positions: close half of your positions at the first target and move the stop loss to the entry point, and for the rest, follow the remaining targets.