Trading plan ETH/USDT (Binance, 1H, as of 26.04.2025)
Current trend
Bullish (upward): over the past week, ETH/USDT has risen by approximately 12.5% and recently broke the $1,800 mark. The price is above key EMAs, and the MACD and RSI indicate increasing positive momentum.
Key support and resistance levels
Support: around $1,760 USDT (EMA zone); below that – approximately $1,705 USDT (base of the recent breakout).
Resistance: around $1,820 USDT (last local high); further at approximately $1,880 and $1,940–1,960 USDT.
RSI and MACD indicators
RSI (14): on the daily chart approximately 45 (neutral zone, without signs of strong overbought/oversold).
MACD (12,26): above zero and rising (positive signal).
Trading volumes
Volumes: over the last 24 hours of trading ETH/USDT ~15 million ETH, which is about ~7% less than the previous day. The decrease in volumes indicates caution among market participants.
Entry (long): approximately $1,745–1,760 USDT (open a position on a pullback to this support/EMA zone).
Stop-loss: approximately $1,705 USDT (below an important support level and EMA).
Take-profit: first target ~1,820 USDT; next ~1,880 USDT; maximum ~1,940–1,960 USDT (TP1, TP2, TP3 according to previous highs and Fibonacci levels).
Sources: Binance Market Data and analytics (ETH/USDT price, volumes); technical analysis Binance Square (EMA, RSI, MACD, patterns).