ETH/USDT is trading around $1800 after a strong bounce from $1537.
Currently, ETH is holding above key moving averages (MA 7, 25, 99) on the 1h chart — a bullish sign.
RSI is neutral at 51, and MACD is slightly bearish but flattening out, hinting at a potential move soon.
Key Levels:
Support: $1795 - $1780
Resistance: $1840 - $1856
Strategy:
Watch for a breakout above $1840 for bullish continuation, or a pullback to $1780 for a potential dip-buy opportunity. Always manage risk properly!
#ETH #CryptoTrading #ETHUpdate
