📉 $ETH Trading Setup – March 29, 2025 📈
🔥 Current Market Overview:
• Price: $1,870.95 (-2.06%)
• 24h Low: $1,860.00 (near support)
• MA7: $1,878.89 (acting as resistance)
• MA25: $1,886.25 (key resistance level)
• MA50: $1,934.55 (major resistance)
• RSI (6): 30.61 (near oversold zone)
• MACD: Slight bullish divergence
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🟥 Short Setup (Primary Bias – Downtrend Continuation)
📌 Entry: $1,880-$1,890 (if price retests MA7/MA25 and rejects)
🔹 Stop-Loss: $1,900 (above MA25)
🎯 Take-Profit: $1,860
📉 Trailing Stop: 1.5% downward from local high
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🟩 Long Setup (Alternative Bullish Scenario)
📌 Entry: $1,895-$1,900 (if price breaks and holds above MA25)
🔹 Stop-Loss: $1,880 (below MA7)
🎯 Take-Profit: $1,930-$1,940
📈 Trailing Stop: 2% upward from entry price
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🔴 Primary Strategy: Short from $1,880-$1,890 with a 1.5% trailing stop.
🟢 Alternative: Long above $1,900 with a 2% trailing stop.
📊 Trade wisely and manage your risk! 🚀 #ETH #Crypto #Trading