$ETH

Entry Strategy**

1. **Current Price**: 4,405.84 USDT

2. **Indicator Analysis**:

- **RSI(6)**: 34.39 (approaching oversold but not extreme).

- **Bollinger Bands**: Price (4,405.84) is below the middle band (MB: 4,581.32), suggesting bearish momentum.

- **Stochastic %K (16.43)**: Below 20 (oversold), but %D (22.68) shows weak momentum reversal.

- **Resistance**: Near the middle Bollinger Band (4,581.32) and recent high (4,490.73).

**Entry Condition**:

- **Buy Signal**: Wait for confirmation of reversal (e.g., RSI(6) crossing above 40 + price closing above 4,450).

- **Sell Signal (Short)**: If price breaks below 4,368 (24h low) with high volume, consider shorting with caution (oversold conditions may limit downside).

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### **Profit Targets (for Long Trade)**

1. **Target 1**: 4,490.73 (24h high) - **≈2% profit**.

2. **Target 2**: 4,581.32 (Middle Bollinger Band) - **≈4% profit**.

3. **Target 3**: 4,849.15 (Upper Bollinger Band) - **≈10% profit** (aggressive).

**For Short Trade (if triggered)**:

1. **Target 1**: 4,313.49 (Lower Bollinger Band) - **≈2% profit**.

2. **Target 2**: 4,200 (psychological support) - **≈4.6% profit**.

3. **Target 3**: 3,953.81 (Recent swing low) - **≈10% profit**.

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### **Resistance & Support Levels**

- **Resistance**:

- Immediate: 4,490.73 (24h high).

- Strong: 4,581.32 (Middle Bollinger Band) and 4,849.15 (Upper Bollinger Band).

- **Support**:

- Immediate: 4,368.00 (24h low).

- Strong: 4,313.49 (Lower Bollinger Band) and 4,000 (psychological level).

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### **Stop-Loss**

- **Long Trade**: Place below 4,368 (24h low) or 4,313 (Lower Bollinger Band) - **≈1-2% risk**.

- **Short Trade**: Place above 4,490 (24h high) or 4,581 (Middle Band) - **≈1.5-4% risk**.