#ETH
ETH/USDT here's a short-term trading signal and technical analysis:
Technical Indicators:
Price: $1,804.67
MA(7): 1,804.22 (just below current price — short-term bullish)
MA(25): 1,814.10 (above current price — resistance zone)
MA(99): 1,802.26 (acting as support)
Analysis:
Recent Trend: Price bounced from support around $1,780 and is now testing the MA(25) resistance near $1,814.
Candlesticks: Bullish recovery candles forming, suggesting upward momentum.
Volume: Gradual increase during the upward move, indicating buyer interest.
Trading Signals:
Short-Term (Intraday to 4-6 Hours):
Buy Signal (Aggressive): Enter around $1,804–$1,806 with a target near
$1,820–$1,830 if price breaks above MA(25).
Stop Loss: Place at $1,790 (below recent low for protection).
Sell Signal (If Rejected at Resistance): If price fails to break above $1,814 and forms a reversal candle, consider short with a target near $1,785. $ETH