⚡ $ETH SCALPING SETUP: Golden Buy Zone at $2,633 or Massive Drop Ahead? Open Chart Below! 🚨
If you are looking for a quick $ETH trade right now, this key level on the 1m chart is a MUST-WATCH!
Price is sitting at $2,636.15 after bouncing off the local bottom at $2,633.40. Here is your actionable trade breakdown:
📊 Technical Setup Breakdown:
1️⃣ Local Double Bottom Support: $ETH defended the $2,633.40 level with high green volume spikes, signaling active buyers protecting this zone.
2️⃣ MA Resistance Cluster: Price is directly testing the MA(7) ($2,636.61) and MA(25) ($2,637.55). A break above $2,638 confirms immediate upside momentum toward $2,647!
3️⃣ Bearish Pressure Above: MA(99) sits higher at $2,647.66 along with a 77.40% Ask wall, making $2,645 - $2,648 the key take-profit (TP) zone.
🎯 Trade Execution Levels:
• LONG Entry Zone: $2,633 - $2,636 (Stop Loss: $2,629 | TP1: $2,642 | TP2: $2,647)
• SHORT Entry Zone: Rejection at $2,645 - $2,648 (Stop Loss: $2,652 | TP1: $2,638 | TP2: $2,633)
👇 Click on the $ETH price chart below to place your trade now! What's your setup? Share in the comments!
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