ETH/USDT Trading Setup
Current price is consolidating around $2,977** after testing the 24h high near **$2,993. The 7-period MA ($2,972.67) is acting as immediate support, while the 25-period MA ($2,978.43) poses minor resistance.
Entry Zone: $2,970–$2,978
· Ideal entry on a pullback toward the MA(7) and above the 24h low of $2,961.42.
Take Profit:
TP1: $2,990 (near recent high)
TP2: $3,000 (psychological resistance)
Stop Loss: $2,960 (below yesterday’s low and MA support)
Volume is steady, and price holds above key moving averages, suggesting bullish momentum in the short term. Trade with disciplined risk management.
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ETHUSDT
Perp
2,984.29
+0.03%