#ETHTreasuryStrategy
🔍 Market Overview
ETH/USDT is showing dynamic price action on the 1-hour chart, reflecting bullish momentum with signs of caution at key levels. Let’s break it down!
📈 Key Indicators
Price Action: ETH is trading near a critical zone, testing a key support around $3,600-$3,650, with resistance looming at $3,900-$4,000.
Moving Averages:
EMA (7) > EMA (25) > EMA (99), indicating a short-term bullish trend. However, proximity to EMA (7) suggests a potential pullback if support fails.
1-hour SMA (10): Slightly above current price, acting as immediate support.
RSI (14): Hovering around 65-70, nearing overbought territory. A reading above 70 could signal a short-term reversal risk.
Stochastic RSI: Showing overbought signals on shorter timeframes, hinting at hidden bullish momentum but also caution for exhaustion.
Volume: Below 5-period MA, suggesting weak buyer conviction for a breakout above resistance.
Candlestick Patterns: Recent 1-hour candles show indecision (e.g., Doji, Spinning Top), indicating a tug-of-war between bulls and bears.
📊 Trend Analysis
✅ Bullish Signals:
Price holding above key EMAs, maintaining a parabolic structure.
Strong support near $3,600, aligning with recent lows and Fibonacci retracement levels.
⚠️ Bearish Signals:
Overbought RSI and low volume raise risks of a pullback.
Failure to break $3,900 resistance could lead to a drop toward $3,450-$3,500.
🔮 Price Prediction (1-3 Hours)
Bullish Case: If ETH breaks $3,900 with strong volume (>500K ETH), expect a push toward $3,950-$4,000.
Bearish Case: Rejection at $3,900 or a break below $3,600 could see ETH test $3,500 or lower (EMA 25 support).
📌 Trade Plan
🟢 Long Setup (Aggressive):
Entry: Above $3,900 with volume confirmation.
Stop Loss: $3,850.
Targets: $3,950, $4,000.
R/R: ~1:2.
🟧 Short Setup (Conservative):
Entry: Rejection at $3,900-$3,920 (RSI >70).
Stop Loss: $3,950.
Targets: $3,800, $3,750.
R/R: ~1:3.