$ETH

🔎 Technical Analysis (15m)

◽ETH experienced a sharp drop from approximately 4950 to 4720, with a strong rejection at 4720, indicating buyer defense.

◽The price is below short-term EMAs, suggesting bearish sentiment, but is bouncing from the 200 EMA, which acts as major support.

◽A volume spike during the price drop suggests a stop-hunt or liquidation move, with buyers stepping in at the dip, indicating a potential rebound.

◽The RSI dropped to 45, near oversold levels, and is turning upwards, suggesting a possible bounce.

📊 Scalp Trading Signal (ETH/USDT)

Entry (Long scalp):

✅ 4780 – 4810 (current zone, after small pullback).

Stop-loss (SL):

🔴 Below 4715 (under 200 EMA & recent wick support).

Take-profit (TP):

🎯 TP1: 4860 (near EMA resistance)

🎯 TP2: 4910 – 4930 (strong resistance zone / previous breakdown point)

Risk ≈ -70 pts (SL: 4715)

Reward ≈ +100 to +120 pts → 1:1.5 to 1:2

⚠️ Alternative Setup (Short scalp if bounce fails)

Entry: If ETH rejects 4860 – 4910 zone with weakness.

SL: Above 4950.

TP: 4740 – 4720 retest.

✅ Summary:

Scalp bias is bullish from 4780–4810 with target 4860 → 4910 and SL below 4715. But if ETH fails to reclaim above 4910, a quick short scalp back to 4740 can also be played.

📣 ‎It is advisable not to utilize higher leverage. Always remember that by safeguarding your capital in trading, you will consistently emerge as the victor.