ETHUSDT Perpetual Swap Contract (30-Min Chart) - Analysis
📉 Trend Analysis
Downtrend Signals
Price has been rejecting EMA 20 & 50, indicating a potential bearish continuation.
Order Block (OB) and Sell Signals suggest strong resistance above 3,330 - 3,350 USDT.
Stochastic is in the overbought zone, hinting at possible selling pressure.
Key Support & Resistance Levels
Major Resistance: 3,350 - 3,440 USDT (Supply Zone)
Key Support Levels:
Short-term: 3,285 - 3,245 USDT
Demand Zone: 3,208 - 3,165 USDT
Deeper support: 3,125 - 3,030 USDT (Fibonacci & EMA 200 zone)
🎯 Trading Strategy
1. Short-Term (Scalping / Intraday)
Short opportunity: If price gets rejected at 3,330 - 3,350 USDT, targeting 3,285 - 3,245 USDT.
Breakout Long: If price breaks above 3,350 USDT, it could test 3,440 USDT.
2. Swing Trading
Long Entry Zone: 3,208 - 3,165 USDT (Demand zone) with targets at 3,285 - 3,328 USDT.
Bearish Continuation: If price fails to hold 3,165 USDT, it may drop towards 3,125 - 3,030 USDT.
⚠️ Risk Analysis & Recommendations
✅ Stop-Loss Strategies:
If taking a long position, place SL below 3,165 USDT.
If shorting, consider SL above 3,350 USDT.
✅ Risk Management:
EMA 100 & 200 could provide strong dynamic support.
Watch for high volatility around 3,285 - 3,245 USDT.
✅ Final Thoughts:
Bearish Bias unless price reclaims 3,350 - 3,440 USDT.
If price enters the Demand Zone (3,208 - 3,165 USDT), watch for reversal signals.
Manage risk carefully, as ETH is highly volatile.
📉 Conclusion: ETHUSDT is in a short-term bearish phase, with strong resistance at 3,350 USDT. If it fails to break higher, a deeper pullback towards 3,208 - 3,165 USDT is likely before any potential bounce. 🚀
Downtrend Signals
Price has been rejecting EMA 20 & 50, indicating a potential bearish continuation.
Order Block (OB) and Sell Signals suggest strong resistance above 3,330 - 3,350 USDT.
Stochastic is in the overbought zone, hinting at possible selling pressure.
Key Support & Resistance Levels
Major Resistance: 3,350 - 3,440 USDT (Supply Zone)
Key Support Levels:
Short-term: 3,285 - 3,245 USDT
Demand Zone: 3,208 - 3,165 USDT
Deeper support: 3,125 - 3,030 USDT (Fibonacci & EMA 200 zone)
🎯 Trading Strategy
1. Short-Term (Scalping / Intraday)
Short opportunity: If price gets rejected at 3,330 - 3,350 USDT, targeting 3,285 - 3,245 USDT.
Breakout Long: If price breaks above 3,350 USDT, it could test 3,440 USDT.
2. Swing Trading
Long Entry Zone: 3,208 - 3,165 USDT (Demand zone) with targets at 3,285 - 3,328 USDT.
Bearish Continuation: If price fails to hold 3,165 USDT, it may drop towards 3,125 - 3,030 USDT.
⚠️ Risk Analysis & Recommendations
✅ Stop-Loss Strategies:
If taking a long position, place SL below 3,165 USDT.
If shorting, consider SL above 3,350 USDT.
✅ Risk Management:
EMA 100 & 200 could provide strong dynamic support.
Watch for high volatility around 3,285 - 3,245 USDT.
✅ Final Thoughts:
Bearish Bias unless price reclaims 3,350 - 3,440 USDT.
If price enters the Demand Zone (3,208 - 3,165 USDT), watch for reversal signals.
Manage risk carefully, as ETH is highly volatile.
📉 Conclusion: ETHUSDT is in a short-term bearish phase, with strong resistance at 3,350 USDT. If it fails to break higher, a deeper pullback towards 3,208 - 3,165 USDT is likely before any potential bounce. 🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.