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ETHUSDT | 1s
Price responded with a V-shaped reaction after a sharp decline, but the upward movement is currently controlled and limited.
As long as it stays below the purple trend line, interpreting this rise as a main trend reversal is difficult.
📌 3,000 – 3,030 range is a clear supply / sell zone.
The reaction here is already weakening.
🔻 The first support zone below is 2,950 – 2,910.
If this area is lost, liquidity could drop back to around 2,865.
📈 In the bullish scenario:
Hourly close above 3,030
Followed by breaking the purple trend
beforehand, it’s premature to get excited.
The RSI is around 50 and flat, meaning neither buyers nor sellers have a clear dominance.
In summary:
👉 There is a reaction but the trend is still down
👉 Rushing into trades before the close is risky
👉 Patience is currently the best position
ETHUSDT | 1s – Long / Short Scenario
🔴 Main picture:
Price is in a downtrend. There is a reaction rally but no confirmation of trend reversal.
📉 Short Scenario
3,000 – 3,030 region is a strong sell zone
As long as it stays below this zone, short positions are more reasonable
Aggressive longs before hourly close above 3,030 are risky
🎯 Possible targets:
2,950
2,910
Subsequently, liquidity area at 2,865 (liquidity zone)
📈 Long Scenario
Conditional only
Hourly close above 3,030
Followed by a break of the purple trend line is required
🎯 Upward targets:
3,080
3,120
3,160
Otherwise, upward moves remain reactions.
📊 RSI Note
RSI ≈ 50
Market indecisive
Neither buyers nor sellers have clear dominance
Summary:
👉 There is a reaction, no confirmation
👉 Chasing positions before the close is risky
👉 Patience > impulsive trading
#ETHUSDT #Ethereum
#CryptoAnalysis #MarketAnalysis