#ETH/USDT Analysis

šŸ“Œ Current Price: 1,969

24H High: 2,015

24H Low: 1,903

Technical Structure

āœ… Trend Overview

Price is trading above MA(7), MA(25), and MA(99).

Short-term moving averages are flattening → indicating consolidation.

Recent rejection near 2,015 shows supply overhead.

āœ… Momentum (MACD)

MACD slightly negative but flattening.

Histogram shows weakening bearish pressure.

Possible bullish crossover forming.

āœ… VolumeTAde

Volume declining after volatility spike → market cooling phase.

Breakout will require volume expansion.

šŸŽÆ Trade Setup — ETH

🟢 Bullish Scenario (Breakout Trade)

Entry: Above 1,980

Stop Loss: 1,945 (below recent consolidation base)

Take Profit 1: 2,000

Take Profit 2: 2,015

Take Profit 3: 2,040

Risk-Reward: Approximately 1:2 to 1:3

šŸ”“ Bearish Scenario (Breakdown Trade)

If price loses 1,945 support:

Entry: Below 1,940

Stop Loss: 1,975

Take Profit 1: 1,920

Take Profit 2: 1,900

#Ethereum #SquareMarket

#MACD #TradingVolume

$ETH

ETH
ETHUSDT
1,907.29
-1.42%