$ETH LIGHT ANALYSIS
• Buy recommendation:
• Entry point: 1,500.00 (middle of the Demand Zone).
• Stop Loss: 1,350.00.
• Take Profit: 2,104.11.
• Success probability: 70% (based on oversold RSI, Wyckoff Selling Climax, and strong support area).
• Condition: Wait for a confirming bullish candle (bullish engulfing) or increased volume at the 1,500.00 area.
• Sell recommendation (if the downtrend continues):
• Entry point: 2,104.11 (resistance area).
• Stop Loss: 2,400.00.
• Take Profit: 1,592.72.
• Success probability: 60% (based on long-term downtrend and strong resistance area).
• Condition: Wait for a confirming bearish candle (bearish engulfing) or increased volume at the 2,104.11 area.