$ETH is going wild!
Technical Analysis (1H Chart):
Current Price: $2,635.63 (+8.23%)
24H Range: $2,418.23 (Low) – $2,738.50 (High)
EMAs:
EMA(7): $2,655.84 – short-term momentum showing a slight pullback.
EMA(25): $2,600.41 – still holding below price, indicating medium-term bullishness.
EMA(99): $2,470.47 – confirming overall trend support is intact.
Chart Observations:
ETH peaked at $2,738.50 before experiencing resistance.
Currently pulling back after a strong rally, but the correction is still above EMA(25), suggesting buyers may re-enter around $2,600–$2,620.
If price holds above $2,600 and reclaims EMA(7), upside continuation likely toward $2,750.
Bearish if it breaks below $2,580 support, invalidating short-term bullish setup.
Trade Signal $ETH
Buy Zone: $2,610–$2,625
Target: $2,735–$2,750
Stop Loss: $2,575
Risk/Reward: Favorable near-term setup with tight stop
Sentiment: Short-term bullish, watching for EMA(7) reclaim for re-entry.
buy and trade here $ETH