$ETH
Here's a possible trade setup for ETH/USDC based on the current 12h chart:
📊 Trade Setup (Long Position)
✅ Entry Zone:
$4,200 – $4,250
(Buy on a small dip or if it consolidates within this range before breakout)
❌ Stop Loss:
$4,050
(Below the 21 EMA and just under psychological support — limits risk in case of reversal)
🎯 Take Profit Targets:
🎯 TP1: $4,420
(Just below recent resistance/high — partial profit to lock in gains)
🎯 TP2: $4,500 – $4,550
(If breakout holds, this is a reasonable next resistance zone based on momentum)
🔍 Technical Analysis (ETH/USDC – 12h Chart)
📈 Trend
Current Price: $4,292.34
The overall trend is bullish.
Price has bounced strongly from the recent low at $3,354.07, reaching a local high of $4,368.64.
📊 EMA Indicators
EMA(9): $4,122.40
EMA(21): $3,944.74
EMA(50): $3,700.00
👉 Price is above all three EMAs, which confirms bullish momentum.
💡 MACD
DIF: 167.97, DEA: 119.97, MACD: 48.00
👉 MACD is still bullish, but the histogram is flattening slightly, suggesting momentum may be slowing.
📈 Stochastic RSI
STOCH RSI: 77.61
MA STOCH RSI: 81.80
👉 Both values are in overbought territory, which often signals a possible short-term pullback or consolidation.
📉 Volume
Volume is gradually decreasing, which can indicate weakening buying pressure.
🧭 Short-Term Forecast
✅ Bullish Scenario (more likely):
If ETH breaks above the $4,368 resistance, the next target could be around $4,420–$4,500.
⚠️ Bearish/Correction Scenario:
If ETH fails to break the resistance, a pullback to EMA(9) at ~$4,120 or even the $3,950–4,000 zone is possible.
🟢/🔴 Summary
🔄 Short-term: Possible consolidation or minor pullback before further move up.
📈 Mid-term: Trend remains bullish as long as price stays above $4,000.