ETHUSDT Short-Term Trading Strategy
Current Trend: Price 1,591.99, holding above EMA(25) 1,592.21, but pressured by EMA(7) 1,688.37, short-term oscillation is slightly weak.
Trading Opportunities:
Short Position: If it rebounds to 1,600-1,620 and faces resistance, enter when MACD weakens, target 1,543 (previous low), stop loss 1,630. Risk-reward ratio 1:3, success rate 60%.
Long Position: Breakout above 1,620 with volume and hold above EMA(7), buy on pullback, target 1,725 (previous high), stop loss 1,580. Risk-reward ratio 1:4, success rate 50%.
Risk
EMA(99) 1,653 is strong resistance; not breaking above the previous high is safer for shorts (risk rate 65%).
Breaking below 1,543 may accelerate the decline, strict stop-loss is required.
Strategy: Prioritize shorting on rebounds, switch to long after breaking 1,620. $ETH