🚨 $ETH /USDT — Oversold Bounce or Breakdown Incoming
Ethereum testing key support near $2,000 after recent pullback. Momentum is neutral but volatility elevated.
$ETH - SHORT / LONG READY
🔴 Short Scenario
Entry Zone: 2,020 – 2,050
Stop Loss: 2,120
Targets:
TP1: 1,980
TP2: 1,950
TP3: 1,900
Why this setup?
• 1H RSI at 28 → short-term oversold approaching critical support.
• Price retesting lower range with weak bounce attempts.
• ATR signals volatility ready to accelerate; break below 2,020 can trigger fast downside.
Debate:
Is this a bear trap before a rebound, or the start of a deeper retracement?
🟢 Long Scenario (Invalidation Flip)
Entry Zone: 1,980 – 2,000 (strong support reaction)
Stop Loss: 1,950
Targets:
TP1: 2,080
TP2: 2,150
TP3: 2,250
Why this setup?
• Support zone historically holds reaction buyers.
• RSI oversold → potential short-term bounce.
• Price near range low, offering favorable risk/reward.
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