Market Snapshot
Current Price: ~$1,819
24H High: $1,824.52 (being retested)
Resistance Zone: $1,824.5–$1,837.8 (upper Bollinger + prior resistance)
Support Zone: $1,803–$1,812 (MA cluster + middle BB)
24H Low: $1,731.70
Indicators Check
RSI(6): Holding between 60–66 → neutral-to-slightly overbought
MACD: Mixed bag — bullish cross (15m), bearish divergence (4h)
Bollinger Bands: Price hovering at upper band on 15m → potential pullback
MAs: Price trading above 7/25/99 MA → overall bullish tone
Volume: Cooling off compared to 24h avg → caution warranted
My $ETH Long Plan
Entry Ideas:
Conservative Long: $1,808–1,812 (dip into support)
Breakout Long: Above $1,825 (confirmed breakout with volume)
Stop Loss: $1,795 (beneath recent swing low & lower BB)
Profit Targets:
TP1: $1,824–1,825 (resistance retest)
TP2: $1,835–1,840 (next BB resistance)
TP3: $1,850–1,860 (if bulls push hard)
Leverage: 3x–5x (keeps risk in check during volatile periods)
Trade Summary
Bias: Bullish (price holding above key MAs, testing breakout zone)
Risk Controls: Tight SL below structure; look for volume confirmation
Trigger Conditions:
Break + hold above $1,825 with strong volume
OR RSI pullback below 60 for re-entry at support
Example Setup:
Long Entry: $1,812
SL: $1,795 (Risk: ~0.94%)
TP1: $1,825 (RR ~1:1)
TP2: $1,840 (RR ~1.5:1)
Leverage: 5x → Potential ROI ~3.6–7.75%