I've been tracking
$ETH closely throughout the London Session, and the 1H chart is setting up a clean risk-reward play.
Right now,
$ETH is trading around $2,052.00 (-0.36% over the last 24 hours) with $342.3M in spot turnover. Meanwhile, traders are also reacting to today's macro headline: "India’s financial crimes watchdog raids crypto exchanges CoinDCX and Delta over alleged illegal cross-border trades".
📊 Key Levels on My 1H Chart:
📍 Current Price: $2,052.00
🛡️ Demand Zone (Support): $2,035.83
🚧 Supply Wall (Resistance): $2,103.78
📈 Trend Filter: 1H EMA-20 at $2,056.42 | ⚡ RSI(14) at 44.7
🟢 How I'm Playing the Upside:
I don't like chasing middle-of-the-range candles. My ideal long entry is either a clean retest and bounce off $2,035.83, or a confirmed 1H close above $2,103.78 with volume, keeping invalidation tight below $2,005.29.
🔴 What Flips Me Bearish:
If buyers fail to hold $2,035.83 and we see heavy sell volume, I'll step aside and wait for the liquidity sweep to finish before looking for entries alongside
$BTC and
$BNB .
💬 How are you trading
$ETH today — Long, Short, or waiting for confirmation? Let's compare notes in the comments! 👇
$ETH $BTC $BNB #Write2Earn #TradingStrategy #BinanceSquare