🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
📊 Trade Recommendations for ETH/USDT
I have analyzed today’s price action, technical signals, institutional flows, and sentiment to provide trade setup for Ethereum. Confidence levels are estimated based on current technical structure and fundamental momentum.
1️⃣ Short-Term (1 Trading Day)
Confidence Level: Moderate–High (≈ 70%)
Entry (Long Bounce): $2,565–$2,580
Stop Loss: $2,550 (below intraday low and VWAP support)
Take Profit: $2,600–$2,610 (near recent intraday resistance)
Rationale:ETH remains constrained in a narrow range between ~$2,528 SMA50 support and ~$2,600 overhead resistance. Momentum indicators like RSI (~68) and MACD show relief rally potential, but intraday stochastic is overbought, suggesting profit-taking is likely near $2,605–$2,610 . Low volatility today supports a mean-reversion bounce.
Range bound so do scalping. Timing is essential!
#ETH#