Scalping & Mid-Term Analysis for Ethereum

Market Overview:
Trend: Ethereum is in a weak consolidation phase after a sharp drop, struggling to reclaim key resistance.
Key Levels:
Resistance: ~$2,800 - $2,850
Support: ~$2,650 - $2,700 (weak), $2,500 (stronger)
Indicators:
MACD: Sideways, with no strong bullish confirmation yet.
EMA: ETH is below the 50 EMA, meaning sellers remain in control.
RSI: Neutral, no oversold conditions, indicating potential further downside.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? Price is trading between support and resistance with weak momentum.
How?
Buy near $2,650 - $2,700, scalp to $2,780 - $2,800.
Sell near $2,800 - $2,850, as resistance remains strong.
Stop-loss below $2,640, since a breakdown could accelerate.
🩸 2. Breakout Scalping (If Trend Resumes)
Trigger: Break above $2,850 or below $2,650.
Execution:
If ETH breaks $2,850, scalp long targeting $2,900 - $3,000.
If ETH drops below $2,650, scalp short to $2,500.
🩸 3. EMA Scalping
Why? ETH is hovering below the 50 EMA, meaning resistance is dominant.
Execution:
Short near EMA (~$2,780 - $2,800) if price rejects it.
Long only if ETH reclaims EMA with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Neutral → Bearish
Why?
Price struggling to reclaim $2,800, showing weak buyer demand.
Failure to hold above 50 EMA suggests further downside risk.
If ETH doesn’t reclaim $2,850, expect a retest of $2,500 before a true rebound.
Only a breakout above $2,900 signals strength toward $3,000+.
🔥 News & Market Context:
No major bullish catalysts, meaning ETH lacks strong momentum.
Whales likely to sweep below $2,650 before any bullish reversal.
BTC correlation remains high, so watch Bitcoin for directional confirmation.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping works, but market remains choppy.
🩸 Mid-term: Bearish unless ETH breaks and holds above $2,850.
🩸 Ideal Play: Short resistance, avoid longs unless trend flips.

👑 Final Verdict:
Ethereum remains weak. If it fails to reclaim $2,850, expect a dip to $2,500 before a true recovery. 🔥