**ETH/USDT Quick Analysis**
**Current Price**: $1,797.13 (+1.08% today)
**24h Range**: $1,765.50 – $1,850.00 (testing mid-range after recent dip)
**Volume**: 491,073 ETH / $893.27M USDT (high liquidity, bullish interest)
**Key Indicators**:
- **RSI(6)**: 18.69 (deeply oversold – strongest buy signal in months)
- **Moving Averages**:
- Trading below all key MAs (7/25/99-day)
- MA cluster at $1,814-$1,818 forms strong resistance
**Critical Levels**:
- **Resistance**: $1,818 (MA confluence) → $1,850 (24h high)
- **Support**: $1,765.50 (24h low) → $1,750 psychological level
**Market Context**:
- **Short-term**: Oversold bounce in progress (+1% today)
- **Mid-term**: +13.22% (30D) shows recovery potential
- **Long-term**: Still -35% (90D) – macro downtrend intact
**Action Plan**:
1) Aggressive traders: Long now with stop at $1,765
2) Conservative traders: Wait for break above $1,818
3) Scalpers: Fade moves to $1,815 resistance
**Why This Matters**:
ETH's RSI at 18 is extreme – similar levels marked major bottoms in 2023. Current volume suggests institutional accumulation.
#Ethereum #ETH #Crypto #TradingSignals
(Word count: 150 – optimized for Binance Square engagement)
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