#ETH/USDT Analysis

📌 Current Price: 1,969

24H High: 2,015

24H Low: 1,903

Technical Structure

✅ 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.

✅ Momentum (MACD)

MACD slightly negative but flattening.

Histogram shows weakening bearish pressure.

Possible bullish crossover forming.

✅ VolumeTAde

Volume declining after volatility spike → market cooling phase.

Breakout will require volume expansion.

🎯 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

🔴 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
1,970.98
-0.87%