$ETH /USDT — Short-Term Trading Setup 📊
I'm watching ETH closely here because price has bounced from the recent low around 2,326.80 and pushed back toward 2,330.33. The recovery looks promising in the short term, but I'm not ready to call it a confirmed breakout yet.
ETH is currently around 2,329.73, with the visible price line near 2,330.05. For me, the immediate resistance is around 2,330.33. I’m also keeping an eye on the MA60 at 2,334.34, which is still above the current price and sloping downward.
My trade idea:
📍 Entry: 2,330.05–2,330.33, only if price breaks above this area and holds.
🎯 TP1: 2,332.09
🎯 TP2: 2,333.86
🎯 TP3: 2,334.34, near the visible MA60.
🛑 Invalidation: Below 2,326.80.
I'd like to see price hold above 2,330.33 before considering the long setup attractive. If price loses 2,326.80, I'd step away from this idea because the recent recovery would be under pressure.
The main concern is that ETH remains below the declining MA60, so resistance could still reject the move. I'm waiting for confirmation rather than chasing the latest push.
I'm watching ETH closely here because price has bounced from the recent low around 2,326.80 and pushed back toward 2,330.33. The recovery looks promising in the short term, but I'm not ready to call it a confirmed breakout yet.
ETH is currently around 2,329.73, with the visible price line near 2,330.05. For me, the immediate resistance is around 2,330.33. I’m also keeping an eye on the MA60 at 2,334.34, which is still above the current price and sloping downward.
My trade idea:
📍 Entry: 2,330.05–2,330.33, only if price breaks above this area and holds.
🎯 TP1: 2,332.09
🎯 TP2: 2,333.86
🎯 TP3: 2,334.34, near the visible MA60.
🛑 Invalidation: Below 2,326.80.
I'd like to see price hold above 2,330.33 before considering the long setup attractive. If price loses 2,326.80, I'd step away from this idea because the recent recovery would be under pressure.
The main concern is that ETH remains below the declining MA60, so resistance could still reject the move. I'm waiting for confirmation rather than chasing the latest push.