Market Watch: ETH/USDT Update
ETH is currently trading at $1,754.83, down 3.12% in the last 24 hours. The market shows a recent bounce from a low of $1,722.90, attempting recovery after a bearish streak.
Technical Indicators (1H chart):
• EMA(7): $1,755.77
• EMA(21): $1,765.60
• EMA(99): $1,706.81
• RSI(6): 42.71 — approaching neutral zone
• RSI(12): 43.71
• RSI(24): 51.30 — showing slight bullish momentum
Volume & Sentiment:
• 24H High: $1,834.86
• 24H Low: $1,722.90
• Buyer sentiment low at 14.25%, with sellers dominating at 85.75%
Watch for resistance around the EMA(21) level. A break above could signal a short-term trend reversal. Stay sharp and trade wisely!
