ETH/USDT PSYCHOLOGICAL ANALYSIS & TRADE SETUP ✅
📉 BEARISH PRESSURE CONTINUES: -3.87% drop
MARKET PSYCHOLOGY:
· Fear & Uncertainty - Testing critical support levels
· Price hovering around MA25 (2,292) - Battleground zone
· MA99 far above at 2,562 - Strong resistance overhead
· OBV negative (-14.4M) - Smart money still exiting
📊 KEY LEVELS:
· Immediate Support: 2,292 (MA25) & 2,156 (24h Low)
· Immediate Resistance: 2,409 (24h High)
· Major Resistance: MA99 (2,562)
· Critical: 2,300 psychological level
🎯 TRADE SETUPS:
1. BEARISH BREAKDOWN
· Entry: 2,285 (Below MA25)
· SL: 2,310 | TP: 2,200
· Psychology: Break of MA25 triggers algorithmic selling
2. BUY SUPPORT BOUNCE
· Entry: 2,290 (MA25 Defense)
· SL: 2,260 | TP: 2,350
· Psychology: Bulls fight for trend line
3. SELL INTO RESISTANCE
· Entry: 2,405 (Below 24h High)
· SL: 2,430 | TP: 2,320
· Psychology: Failed breakout brings fresh selling
4. BULLISH REVERSAL (Low Probability)
· Entry: 2,410 (Above 24h High)
· SL: 2,380 | TP: 2,480
· Psychology: Short squeeze above resistance
⚠️ MARKET STATE:
· At make-or-break level (2,292-2,300)
· MACD showing slight improvement (12.53)
· Next 4H candle crucial for direction
🎯 HIGHEST PROBABILITY:
SELL BREAKDOWN at 2,285
If MA25 fails, target 2,200
📊 ALTERNATIVE:
BUY BOUNCE at 2,290 if MA25 holds with bullish reaction
🔍 WATCH FOR:
1. Daily close above 2,410 = trend reversal attempt
2. Volume spike on break either way
3. BTC correlation - needs stability
#ETH #TradingSetup #SupportTest #Binance
