Here’s the finalized Momentum Trade Setup for ETH/USDT:
Momentum Trade – ETH/USDT
Current Price: $1,932.93
Trend: Bearish but possible reversal
Indicators Analysis:
✅ EMA 5 & 21 below EMA 50 & 100 → Bearish bias but price stabilizing
✅ MACD: Weak momentum, possible bullish crossover
✅ RSI (6): 37.77 (Approaching rebound zone)
✅ Support Zone: $1,754
✅ Resistance Levels: $1,950 - $2,000
Trade Plan:
📌 Entry Zone: $1,920 - $1,940
📌 Stop-Loss: $1,880
📌 Take-Profit Targets:
TP1: $1,975
TP2: $2,020
TP3: $2,080
Conditions for Confirmation:
🔹 Price must break $1,940 with strong volume for upside momentum
🔹 RSI needs to push above 40-45 for bullish confirmation
🚨 Risk Warning: Still a downtrend, so momentum must confirm before entry!