๐ข Price Snapshot: $3,831.49
Here's what I'm seeing on the chart ๐
๐ผ Resistance Levels (Upside Targets):
1. $3,865.64 โ 24H High
2. $3,900.00 โ Psychological Barrier
3. $4,000.00 โ Major Resistance Zone
๐ฝ Support Levels (Downside Targets):
1. $3,604.39 โ SAR Support
2. $3,638.56 โ 24H Low
3. $3,500.00 โ Strong Support Base
๐ Stop-Loss Strategy:
Conservative: Below $3,600
Aggressive: Below $3,638.56
๐ Indicators Summary:
RSI (6): 79.13 โ Overbought ๐บ
MACD: +24.36 โ Still bullish, but losing steam
Stoch RSI: 98.82 โ Extremely Overbought โ ๏ธ
OBV: -782,677 โ Some selling pressure building
๐ Conclusion:
ETH is riding a bullish wave, but momentum indicators suggest a short-term pullback to the $3,604โ$3,638 zone before the next leg up. A confirmed break above $3,865 could send ETH towards $3,900โ$4,000.
๐ง My Trade Plan:
Long Entry: $3,604โ$3,638
๐ฏ TP: $3,865โ$4,000
๐ก๏ธ SL: Below $3,600
Short Entry: On rejection at $3,865
๐ฏ TP: $3,638
๐ก๏ธ SL: Above $3,900
๐ง Stay sharp. Trade smart. Use proper risk management.
#ETH #CryptoTrading #TechnicalAnalysis #BinanceSquare #ETHUSDT
