$ETH
Ethereum (ETH) Analysis
In light of recent market fluctuations, Ethereum shows signs of regaining upward momentum.
🔹 Current Price: Approximately $1,795.79
🔹 Next Resistance: $2,000
🔹 Strong Support: $1,550
📊 Technical Analysis:
Ethereum has rebounded from the strong support area at $1,550, indicating buyer interest at this level.
Technical indicators, such as the Relative Strength Index (RSI), show signs of improving upward momentum.
If the resistance at $2,000 is broken, the price may target higher levels in the short term.
🎯 Potential Scalping Opportunity (15-minute timeframe):
Entry Point: After confirming a breakout at the $1,820 level
Target: $1,880
Stop Loss: $1,770
⚠️ Alert: Please consider capital management and use appropriate stop-loss orders.
