$ETH/USDT
Price: 2,299.18 (+0.35%)
Timeframe: 1H | May 8, 2026
Technical Summary:
Price is holding above short-term MAs (MA7: 2,289 | MA25: 2,287) after forming a higher low at 2,220. Strong rejection at 2,423.74 resistance, with MA99 (2,340) acting as overhead pressure. Volume is picking up on the current bounce. Structure remains neutral-to-bullish above 2,290.
TRADE SIGNAL: LONG
Entry Zone: 2,290 – 2,305
Leverage: 10x–20x Isolated
Take Profit:
• TP1: 2,344 (+1.9%)
• TP2: 2,389 (+3.9%)
• TP3: 2,424 (+5.4%)
Stop Loss: 2,254 (-1.95%)
Risk-Reward: 1:2.8
Invalidation: Close below 2,254 flips bias bearish (targets 2,210 → 2,170).
Bias: Bullish while holding above 2,290. Watch 2,340–2,344 for breakout potential.
Risk Management: Position size accordingly. Max 1% risk per trade.
DYOR | Trade responsibly | Not financial advice
Price: 2,299.18 (+0.35%)
Timeframe: 1H | May 8, 2026
Technical Summary:
Price is holding above short-term MAs (MA7: 2,289 | MA25: 2,287) after forming a higher low at 2,220. Strong rejection at 2,423.74 resistance, with MA99 (2,340) acting as overhead pressure. Volume is picking up on the current bounce. Structure remains neutral-to-bullish above 2,290.
TRADE SIGNAL: LONG
Entry Zone: 2,290 – 2,305
Leverage: 10x–20x Isolated
Take Profit:
• TP1: 2,344 (+1.9%)
• TP2: 2,389 (+3.9%)
• TP3: 2,424 (+5.4%)
Stop Loss: 2,254 (-1.95%)
Risk-Reward: 1:2.8
Invalidation: Close below 2,254 flips bias bearish (targets 2,210 → 2,170).
Bias: Bullish while holding above 2,290. Watch 2,340–2,344 for breakout potential.
Risk Management: Position size accordingly. Max 1% risk per trade.
DYOR | Trade responsibly | Not financial advice
