ETH/USD moves for next 12 hours

Based on the provided ETH/USDT chart analysis, here's a detailed trading plan for the next 12 hours:

### **Current Market Overview**

- **Price**: $2,514.9 (-1.71% decline)

- **RSI(6)**: 39.15 (approaching oversold but not yet extreme)

- **Moving Averages**:

- MA(7): $2,522.93 (short-term resistance)

- MA(25): $2,577.22 (key resistance)

- MA(99): $2,525.84 (mid-term trend reference)

- **24h Range**: $2,463.00 (support) to $2,567.38 (resistance).

### **Trading Strategy**

#### **Scenario 1: Short-Term Buy (If Support Holds)**

- **Entry**: Near $2,480–$2,490 (test of 24h low or minor pullback).

- **Stop-Loss**: $2,450 (below 24h low to avoid false breakdowns).

- **Take-Profit Targets**:

- **TP1**: $2,520 (MA7 resistance).

- **TP2**: $2,550 (mid-range resistance).

- **TP3**: $2,570 (24h high).

- **Rationale**: RSI near oversold with potential bounce off support.

#### **Scenario 2: Sell (If Resistance Holds)**

- **Entry**: Near $2,540–$2,550 (failed breakout attempt).

- **Stop-Loss**: $2,580 (above MA25).

- **Take-Profit Targets**:

- **TP1**: $2,500 (psychological support).

- **TP2**: $2,470 (lower range).

- **TP3**: $2,450 (breakdown target).

- **Rationale**: MA25 acting as strong resistance; RSI below 50 favors bears.

### **Key Levels to Watch**

- **Support**: $2,490 → $2,463 (24h low).

- **Resistance**: $2,520 (MA7) → $2,567 (24h high).

### **Risk Management**

- **Risk per Trade**: ≤2% of capital.

- **Leverage**: Avoid high leverage (volatility is elevated).

### **Additional Notes**

- **MACD/Volume**: Confirm momentum shifts (not shown but critical).

- **News Impact**: Monitor Ethereum network updates or macro trends.

**Actionable Signal**:

- **Buy** only if price stabilizes above $2,490 with RSI reversal.

- **Sell** on rejection at $2,540 with weak volume.

Adjust stops if price moves favorably (trailing stop recommended).