🚀$ETH /USDT – Key Resistance Holding | Wait for Confirmation Move🤔🔐👇
📍 Current Price: $2,550
📈 24H Change: +1.63%
💹 24H High: $2,585.20 | 24H Low: $2,492.00
📊 Volume: 655K ETH | 1.66B USDT
🔍 Multi-Timeframe Technical Overview
🕓 4H Chart:📊
Strong selloff followed by sideways recovery.
$ETH Price testing EMA 50 (~$2,550) and EMA 20 (~$2,604) as resistance.
MACD still bearish but fading — indicates slowdown in selling.
RSI (40.38) just recovering from oversold zone = early bounce energy.
🕐 1H Chart:📊
Price stalling just below EMA 20 at $2,557.
MACD flipped bullish, but histogram is weakening → needs volume.
RSI (44.24) not yet strong = decision zone.
🎯 Trading Strategy – Breakout Watch & Pullback Setup
🔹 Plan A: Breakout Entry (Confirmation Based)💥
Entry: Above $2,560 (close above 1H + 4H EMAs with volume)✅
TP1: $2,600🎯
TP2: $2,650🎯
SL: $2,525☣️
🔸 Plan B: Pullback Buy Setup (Aggressive Long)
Entry: $2,520–$2,530 (on support retest + bounce)
TP: $2,560–$2,580
SL: $2,492 (24H low)
⚠️ Invalidation Signals
Rejection at $2,560–$2,585 + bearish engulfing = likely retest of $2,500
No volume on breakout = avoid chasing
🧠 “$ETH is in recovery mode, but structure remains weak under $2,585. Let volume confirm strength before taking a breakout bet.”
📛 This analysis is for educational purposes. Always do your own research and trade with risk management.
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