🧧ETHUSDT Analysis (4H frame):🧧

💥Price Structure:

The price is trading around 3,051 USD after peaking near 3,328 USD. There are signs of correction after a strong increase.

💥RSI & EMA:

RSI is at 62.93, down from the overbought zone, indicating weakening upward momentum. EMA on RSI has crossed down, confirming increased selling pressure.

💥Support & Resistance:

Support: 3,000 USD and stronger at 2,800 USD. Resistance: 3,300 USD (previous peak).

🔥Trading Plan:

💥Bullish Scenario:

Buy in the range of 3,000 - 3,050 USD if the price holds support. Take profit: 3,200 - 3,300 USD. Stop loss: Below 2,950 USD.

💥Bearish Scenario:

Short when the price breaks below 2,950 USD. Target: 2,800 USD. Stop loss: Above 3,000 USD.

✨Risk Management:

Set tight stop losses, risking no more than 2-3% of capital. ETH is adjusting, need to closely monitor the 3,000 USD area to decide on action.