1. Current Situation
- Price: $1,830.4 (-0.20% for the last period).
- 24h Range: $1,810.00 (minimum) – $1,849.95 (maximum).
- Volumes:
- 236,932.28 ETH (≈ $434.31 million USDT) in 24 hours.
2. Key Levels
- Support: $1,810 (minimum in 24h).
- Resistance: $1,850 (maximum in 24h).
- The current price is closer to the middle of the range, indicating uncertainty.
3. Trend and Dynamics
- Short-term trend: Neutral/weakly bearish (-0.20%).
- Long-term trend: Bearish (decrease of -40.36% over the year, -24.54% over 180 days).
4. Trading Plan
Scenario 1: Breakout from resistance ($1,850)
- Buy signal: If the price closes above $1,850 with increased volume.
- Targets: $1,880 → $1,900.
- Stop-loss: $1,820 (below the current price).
Scenario 2: Rebound from support ($1,810)
- Buy signal: Rebound from $1,810 with confirmation (e.g., daily candle with a green body).
- Targets: $1,840 → $1,850.
- Stop-loss: $1,800 (psychological level).
Scenario 3: Breakout from support ($1,810)
- Sell signal: Closing below $1,810.
- Targets: $1,790 → $1,750.
- Stop-loss: $1,830 (above the previous minimum).
5. Additional Factors
- Volumes: Low volume (434 million USDT) may indicate weak volatility.
- Risk Management:
- Do not risk more than 1-2% of capital per trade.
- Use limit orders for precise entry.
6. Conclusion
Today's trading plan depends on the price reaction to key levels ($1,810 and $1,850). It is preferable to wait for a clear breakout or rebound with confirmation from volumes. Considering the long-term bearish trend, short positions may be more reliable but require caution.
Recommendation: Monitor the price throughout the day and act according to one of the scenarios while adhering to stop-losses.
