📈$ETH di $1,610.70, Up 0.84% – Correction or Rebound? 🚀

ETH Price $1,610.70, volatility 2.35% in 24 hours! Support $1,600, resistance $1,631. Short-term bearish MACD, but EMA still bullish. 💡 Tips: Scalping $1,605–$1,650, stop loss $1,594. Beware of OJK & MiCA regulations! What are your strategies? 📊 #ETH #CryptoUpdate🚀🔥 #TradingCommunity @BoldCompass

Input for Short-Term Traders (Scalping/Day Trading):Entry Point: Buy at support $1,600–$1,605 if the price drops (confirm with high volume).Target Profit: Sell at resistance $1,630–$1,650.Stop Loss: $1,594 to limit risk.Strategy: Take advantage of daily volatility with small timeframes (5M/15M) for scalping.Medium-Term (Swing Trading):Wait for a breakout above $1,631 with high volume for long positions, target $1,700.If breakout fails, watch for a correction to $1,580 (next support).Diversify with trending DeFi projects like Toncoin or Sui.Risk Management:Use 5–10% of the portfolio for ETH trading given the market volatility.Monitor regulatory news (OJK, MiCA) and US macro policies that could affect prices.