Short TermNew TradeSpot
ETH Short Term AI Analysis
DirectionBullish
Confidence40%
Risk Medium
Entry Zones
Optimal3,115
Alternative3,110
Stop Loss
3,100Take Profit Targets
TP13,140
TP23,160
TP33,180
QUICK TAKE: ETH is trading at 3124.35, showing weak bearish momentum with price near recent lows from the 15m timeframe. Oversold conditions on the 15m RSI (40.08) may allow for a bounce, but immediate bias is neutral with confirmation needed for a buy.
ENTRY SETUP:
- Direction: BUY
- Entry Price: 3115.00
- Confirmation Needed: Price must hold above 3110.36 (immediate support) and show a bullish reversal candle on the 15m chart with volume above 14,392,958 (latest candle volume).
- Confidence: Low
RISK MANAGEMENT:
- Stop Loss: 3100.00
- Target 1: 3140.00 (conservative, hours away)
- Target 2: 3160.00 (optimistic, 12-24h away)
- Risk/Reward: 1:2.5 (based on 15-point risk and 25-45 point reward)
KEY LEVELS:
- Immediate Support: 3110.36 (from 15m candle low)
- Immediate Resistance: 3148.44 (from 1h candle high)
INVALIDATION: Setup fails if price breaks and closes below 3100.00 on the 15m timeframe.