📊 $ETH /USDT Technical Analysis (1H)
Current Price: ~$3,117
Trend: Short-term recovery inside a broader corrective trend
🔍 Key Observations
Support: $3,020 – $3,050 (strong demand zone, recent wick low)
Resistance:
$3,150 (intraday resistance)
$3,180–$3,200 (MA99 zone = major hurdle)
Moving Averages:
Price is above MA(7) & MA(25) → short-term bullish momentum
Still below MA(99) → overall trend not fully bullish yet
RSI (6): ~61 → bullish momentum, not overbought
Volume: Stable, no breakout volume yet → cautious upside
ETH
3,093.46
+0.06%
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