Here’s a trade plan for ETH/USDT Spot (20x) — bearish momentum with price breaking below key support:


$ETH #WarshDebutsAsFedHoldsRatesSteady

Context

· Price: ~1,690.28 USDT
· 24h change: -2.58% (bearish)
· Bollinger Bands: Price below lower band (1,698.39) → oversold but accelerating down
· SuperTrend: 1,740.27 (above price → strong downtrend)
· MACD: Bearish widening (MACD < signal, DIF < DEA, negative divergence)
· Long-term: Negative across all timeframes → macro bearish

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Trade Setup (Spot, 20x — very high risk)

Level Action
Entry (short) 1,685–1,695 (current zone)
Stop Loss 1,725 (above SuperTrend & recent resistance)
Take Profit 1 1,650 (psychological support)
Take Profit 2 1,600 (next major level)
Risk/Reward ~1:2

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Risk Management (Critical for 20x)

· Position size: ≤ 5–8% of wallet
· Tight stop — ETH can whip; respect 1,725 hard
· If 1h closes above 1,710, exit immediately
· Consider 10x instead of 20x for safer execution

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⚠️ Critical Observations

· 24h low = 1,681.33 — if this breaks, next support at 1,650
· Volume: 559.86M USDT turnover → significant selling pressure
· MACD DIF (-7.31) vs DEA (-2.83) → bearish gap widening → momentum favors shorts

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Alternative (Safer — Wait for Breakdown)

Trigger Action
Break below 1,680 with volume Enter short at market
Stop Loss 1,710
Take Profit 1,630
R:R ~1:2.5

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Bounce Play (Higher Risk — Not Recommended)

· Only if price holds 1,681 support with bullish divergence on MACD
· Target: 1,720, Stop: 1,665

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Confirmation for Short

· 1h candle close below 1,680 (decisive)
· Red volume spike on breakdown
ETH-4.61%
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