Ethereum (ETH) is holding steady around $1,792 as April 2025 unfolds. Here's a quick dive into its technical outlook and a trading plan.
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๐ Technical Snapshot
Support Zones: $1,584, $1,547
Resistance Levels: $1,671, $1,721, $1,758
RSI: Near 37 (oversold, rebound possible)
MACD: Bullish crossover on 4-hour chart
Pattern: Breakout above falling channel indicates bullish potential.
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๐ Quick Trading Plan
Buy Zone: $1,584โ$1,600
Stop-Loss: Below $1,547
Targets: $1,671 โ $1,721 โ $1,758
Risk Tip: Size positions wisely; crypto remains highly volatile.
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ETH is showing early bullish signs, but smart risk management remains crucial!