ETH/USDT Analysis
Current price: ~$2,091.79
24h High: ~$2,126
24h Low: ~$1,905
Trend: 🟢 Bullish
Price is above MA5, MA10, MA30 and MA60, and the latest candle shows a strong upward breakout.
But there is an important warning:
RSI6 = 91.36 → extremely overbought.
RSI12 = 78.37 → overbought.
So I would NOT chase a LONG at $2,091 after this sudden move.
🎯 Important levels
Level
Zone
🔴 Resistance 1
$2,120–$2,130
🔴 Resistance 2
$2,200–$2,250
🟢 Support 1
$2,000–$2,020
🟢 Support 2
$1,900–$1,940
🟢 Major support
$1,820–$1,850
🟢 My preferred LONG setup
Don't enter immediately at $2,091.
Wait for a pullback toward:
LONG Entry: $2,000–$2,020
Stop Loss: ~$1,960
TP1: $2,100
TP2: $2,125–$2,130
TP3: $2,200–$2,250
If $2,000 breaks strongly, don't force the long. Wait for the next setup around $1,900–$1,940.
🚀 Alternative breakout LONG
If ETH breaks $2,130 and gets a strong candle close above it, then wait for a retest rather than buying the first spike.
Entry: ~$2,125–$2,145 after confirmation
SL: ~$2,075
TP: $2,200 → $2,250+
🔴 SHORT setup
I would not short ETH simply because RSI is overbought.
Short only if ETH reaches around $2,120–$2,140, gets rejected, and then gives bearish confirmation on a lower timeframe.
Possible plan:
SHORT Entry: $2,120–$2,140 after rejection
SL: ~$2,175
TP1: $2,050
TP2: $2,000
TP3: $1,940
Current price: ~$2,091.79
24h High: ~$2,126
24h Low: ~$1,905
Trend: 🟢 Bullish
Price is above MA5, MA10, MA30 and MA60, and the latest candle shows a strong upward breakout.
But there is an important warning:
RSI6 = 91.36 → extremely overbought.
RSI12 = 78.37 → overbought.
So I would NOT chase a LONG at $2,091 after this sudden move.
🎯 Important levels
Level
Zone
🔴 Resistance 1
$2,120–$2,130
🔴 Resistance 2
$2,200–$2,250
🟢 Support 1
$2,000–$2,020
🟢 Support 2
$1,900–$1,940
🟢 Major support
$1,820–$1,850
🟢 My preferred LONG setup
Don't enter immediately at $2,091.
Wait for a pullback toward:
LONG Entry: $2,000–$2,020
Stop Loss: ~$1,960
TP1: $2,100
TP2: $2,125–$2,130
TP3: $2,200–$2,250
If $2,000 breaks strongly, don't force the long. Wait for the next setup around $1,900–$1,940.
🚀 Alternative breakout LONG
If ETH breaks $2,130 and gets a strong candle close above it, then wait for a retest rather than buying the first spike.
Entry: ~$2,125–$2,145 after confirmation
SL: ~$2,075
TP: $2,200 → $2,250+
🔴 SHORT setup
I would not short ETH simply because RSI is overbought.
Short only if ETH reaches around $2,120–$2,140, gets rejected, and then gives bearish confirmation on a lower timeframe.
Possible plan:
SHORT Entry: $2,120–$2,140 after rejection
SL: ~$2,175
TP1: $2,050
TP2: $2,000
TP3: $1,940