📌 Technical analysis and trading setup for ETH/USDT
$ETH is trading in the $2,220–$2,250 range, in a local consolidation phase.
Bearish pressure persists amid continuous outflows from spot ETFs; nevertheless, the asset is holding a critical buyer support zone ahead of the start of a new trading week.
On-chain liquidity:
Trading volumes have declined ahead of the weekly close, but the accumulation of large positions in the $2,170–$2,200 zone is curbing deeper sell-offs.
📈 Key technical levels
Strong resistance 2 (MA25 / Seller zone): $2,320–$2,356
Nearest resistance 1 (MA7 / Local barrier): $2,280–$2,290
Nearest support 1: $2,170–$2,218 (local multi-month low)
Deep support (Scenario invalidation zone): $2,050–$2,100
💡 ETH/USDT trading scenario 🔹 Long (Bounce from support)
Entry zone: $2,180–$2,220
Stop-Loss: $2,130 (a 4-hour candle close below this level will break the structure).
Take-Profit 1: $2,285 (test of MA7 / close 50% of the position).
Take-Profit 2: $2,350 (test of MA25).
🛡️ Risk management
On daily timeframes, indicators point to selling pressure prevailing, so any long positions require confirmation from volume on lower timeframes (1H/4H).
$ETH is trading in the $2,220–$2,250 range, in a local consolidation phase.
Bearish pressure persists amid continuous outflows from spot ETFs; nevertheless, the asset is holding a critical buyer support zone ahead of the start of a new trading week.
On-chain liquidity:
Trading volumes have declined ahead of the weekly close, but the accumulation of large positions in the $2,170–$2,200 zone is curbing deeper sell-offs.
📈 Key technical levels
Strong resistance 2 (MA25 / Seller zone): $2,320–$2,356
Nearest resistance 1 (MA7 / Local barrier): $2,280–$2,290
Nearest support 1: $2,170–$2,218 (local multi-month low)
Deep support (Scenario invalidation zone): $2,050–$2,100
💡 ETH/USDT trading scenario 🔹 Long (Bounce from support)
Entry zone: $2,180–$2,220
Stop-Loss: $2,130 (a 4-hour candle close below this level will break the structure).
Take-Profit 1: $2,285 (test of MA7 / close 50% of the position).
Take-Profit 2: $2,350 (test of MA25).
🛡️ Risk management
On daily timeframes, indicators point to selling pressure prevailing, so any long positions require confirmation from volume on lower timeframes (1H/4H).