$ETH
ETH/USDT Short-Term Trading Strategy
Strategy:
1. Entry Point: Look for a slight pullback near the MA7 (~$1,615) for a low-risk entry, confirming support holds.
2. Target: Consider taking profit near or slightly above the recent high of $1,645.
3. Stop Loss: Set a tight stop loss below $1,610 to manage risk.
4. Indicators: Keep an eye on volume – a drop in buy volume could signal reversal. Watch RSI and MACD for divergence or overbought signals.
Risk Note: As ETH is still below long-term resistance zones, quick exits and disciplined stops are key in short-term trades. Avoid chasing pumps; wait for retracement and confirmation.
