#EthereumFuture
Let’s break it down carefully based on your chart:
• Current Price: ~$94,679
• Trend: Strong uptrend (you can see the candles are above the pink EMA(25), and it’s sloping up)
• RSI (Relative Strength Index): Around 67-68, nearing overbought (above 70 is considered overbought)
• Volume: Decent but not exploding.
My suggestion:
• Buy Entry: You can consider buying now if you are quick and ready to manage risk, but it’s safer to wait for a slight pullback closer to EMA 25 (around $92,300–$92,500).
• Take Profit Targets:
• First TP: Around the previous high $95,700–$96,000.
• Second TP: If price breaks out strongly, you can aim for $97,500–$98,000.
• Stop Loss:
• A good stop loss could be just below recent support and EMA — around $91,000.
• Conservative stop loss if you want to risk less: around $92,000.