đ„ $ETH Extremely Oversold⊠This Setup Can Print!
Price: 2,532.54 | -1.19%
Market Overview
Ethereum is trading below all major EMAs:
EMA(7): 2,563.79 | EMA(25): 2,627.78 | EMA(99): 2,651.26
RSI(6) has dropped to a crazy 11.72 and Stochastic is also deeply oversold.
Price just bounced from the 2,504 low. Selling pressure is strong, but oversold conditions are screaming for a relief move.
đą Long Setup (Oversold Bounce)
Entry Zone: 2,510 â 2,535
Stop Loss: 2,485
Targets:
đŻ TP1: 2,565
đŻ TP2: 2,600
đŻ TP3: 2,640 â 2,670
Risk-Reward: â 1 : 2.5
đŽ Short Setup (Rejection Play)
Entry Zone: 2,570 â 2,590
Stop Loss: 2,625
Targets:
đŻ TP1: 2,530
đŻ TP2: 2,505
đŻ TP3: 2,460
Risk-Reward: â 1 : 2.3
⥠Key Levels
Support: 2,504 â 2,480
Resistance: 2,564 â 2,600 â 2,628
Bias: Extremely oversold â short-term bounce is likely, but overall trend stays bearish until ETH reclaims 2,570+ with volume.
Disclaimer:
This is not financial advice. Crypto trading carries high risk. Always use proper risk management.$ETH
Price: 2,532.54 | -1.19%
Market Overview
Ethereum is trading below all major EMAs:
EMA(7): 2,563.79 | EMA(25): 2,627.78 | EMA(99): 2,651.26
RSI(6) has dropped to a crazy 11.72 and Stochastic is also deeply oversold.
Price just bounced from the 2,504 low. Selling pressure is strong, but oversold conditions are screaming for a relief move.
đą Long Setup (Oversold Bounce)
Entry Zone: 2,510 â 2,535
Stop Loss: 2,485
Targets:
đŻ TP1: 2,565
đŻ TP2: 2,600
đŻ TP3: 2,640 â 2,670
Risk-Reward: â 1 : 2.5
đŽ Short Setup (Rejection Play)
Entry Zone: 2,570 â 2,590
Stop Loss: 2,625
Targets:
đŻ TP1: 2,530
đŻ TP2: 2,505
đŻ TP3: 2,460
Risk-Reward: â 1 : 2.3
⥠Key Levels
Support: 2,504 â 2,480
Resistance: 2,564 â 2,600 â 2,628
Bias: Extremely oversold â short-term bounce is likely, but overall trend stays bearish until ETH reclaims 2,570+ with volume.
Disclaimer:
This is not financial advice. Crypto trading carries high risk. Always use proper risk management.$ETH