Hello guys, I also have findings here in $ETH
Technical Analysis ETH/USDC - Binance
📊 Current Situation
- Price: $3,520 (consolidation after a bounce at key support)
- Trend: Bullish on daily, short-term correction
- Volume: Decreasing → market indecision
🔑 Key Levels
Supports
- $3,420 (EMA 50)
- $3,350 (Strong zone)
- $3,250 (Demand area)
Resistances
- $3,580 (Recent high)
- $3,680 (Psychological level)
- $3,800 (Bullish breakout)
📈 Technical Indicators
- RSI (14): 58 (neutral)
- MACD: Signal conflict (bearish cross on 1h / positive on daily)
- Bollinger Bands: Price near middle band ($3,430) → possible bounce
- Fibo Retracement: Key support at 61.8% ($3,380)
🎯 Trading Strategy
Bullish Scenario
- Entry: Confirmed bounce at $3,420-$3,380
- Targets: $3,580 → $3,680
- Stop Loss: Below $3,350
Bearish Scenario
- Entry: Break with volume at $3,350
- Targets: $3,250 → $3,150
- Stop Loss: Above $3,420
⚠️ Risk Management
- Minimum ratio: 1:3 (e.g. risk $50 → profit $150)
- Maximum leverage: 5x (high volatility)
- Monitor: ETH ETF news and network updates
✅ Conclusion
- LONG if it holds $3,380 with volume
- SHORT only if it loses $3,350
- STOP LOSS mandatory in both directions
⚠️ *Disclaimer: This is not financial advice. Analyze the market and use only capital that you can afford to risk. I recommend checking the charts yourself.
