$ETH Ethereum (ETH) 30-Minute Chart Trade Setup Analysis

📉 Trend Overview:

• Downtrend Levels:

• $1735.34 with strong TL strength of 8.9 and a 4° angle (11.24% away).

• $1643.15 with strong TL strength of 3.43 and a 10° angle (5.33% away).

• Uptrend Level:

• $1536.33 showing a strong TL strength of 4.4 and a steeper angle of 19° (1.52% away).

📊 Technical Indicators:

• Trend on 50, 100, 150, and 200 bars suggests mostly sideways movement, with slight bullish tendencies on larger time frames.

🦋 Chart Patterns:

• The formation of a harmonic pattern (possibly a bullish Gartley or Bat pattern) indicates a potential reversal zone around $1536.33.

• Price is currently testing the $1560.02 level, within the resistance zone defined by the downtrend lines.

🎯 Trade Plan:

• Long Entry: Near $1536.33, if price holds and confirms bullish support. Target: $1557.7 (conservative) or higher toward $1643.15.

• Short Entry: Near $1643.15, if the price gets rejected and shows bearish confirmation. Target: Back to $1536.33.

• Stop Losses: Below $1492.56 for longs; above $1735.34 for shorts.

⚠️ Caution: Watch for volume confirmation and price action at key levels. The broader trend suggests caution around resistance zones