#ETHCrossed2500
Market Analysis
I'm eyeing the $2,505-$2,510 USDT range as a potential bounce-back zone on the 15m/1h charts. A dip to this level could offer a great long-entry opportunity with a tight risk profile.
Market Insights
15m View: Sellers are in control (29% bids vs. 71% asks), with RSI under 50 and MACD rolling over, indicating a cautious-short bias.
1h View: The market is neutral (48% bids vs. 52% asks), with RSI around 60 and flat MACD.
4h View: Bullish strength is evident (RSI ~77, positive MACD bars), but the market is nearing overbought territory.
Key Alerts
Overbought Alert: RSI >75 and shrinking MACD histogram on the 4h chart suggest a potential pullback.
Don't chase a break above $2,530 without fresh volume support.
Keep stops below $2,495 and consider scaling in on a dip to $2,505-$2,510 or a decisive reclaim of $2,520+.