ETH
BUYConfidence Score
Signal Analysis
🎯 Take Profit Target
This is the primary price target for executing your trade. Place your take profit order at this level for optimal risk/reward based on current technical analysis.
Price Forecasts
Detailed Reasoning
ETH at $3228.95 is showing a high-probability mean-reversion setup despite the broader bearish trend. RSI(14) at 25.02 signals oversold conditions, and price is trading near the lower Bollinger Band ($3131.48) while still below the mid-band ($3260.52), suggesting downside may be stretched. MACD remains negative, but the histogram has turned positive (+1.43) with the MACD line (-27.8) crossing above the signal (-29.24), indicating bearish momentum is fading and a short-term rebound is likely. EMAs are still stacked bearishly (EMA12 < EMA26 < EMA50) and price is below EMA50/EMA200, so this is a tactical bounce trade rather than a trend-following entry. Volume is low (0.49x), which reduces conviction, but the tight spread and strong 08:00 volume spike suggest liquidity is present for a quick move. Ideal stop loss: $3185 (below recent swing lows/near ATR buffer).
Key Factors
Risk Assessment
Moderate-to-high risk: broader trend is bearish and volume confirmation is weak, so a failed bounce could quickly retest $3200/$3185 and potentially $3130. Use tight risk control and avoid oversizing.
Market Context
Short-term oversold rebound setup within a bearish market structure; price is below key EMAs and still under the Bollinger midline, so trend remains down unless $3260-$3280 is reclaimed with volume.