📉 $ETH /USDT – Strong Bounce but Facing EMA Pressure! 📈
Ethereum saw a solid +7.51% surge, bouncing off lows and testing key resistance levels, but short-term EMAs are now weighing on the momentum.
Market Snapshot: • Price: $2,646.24
• 24H High/Low: $2,738.50 / $2,451.25
• Volume: 1.20M ETH / 3.15B USDT
Technical Overview: • EMA(7): $2,658.47 – just above current price
• EMA(25): $2,662.49 – immediate resistance
• EMA(99): $2,618.02 – acting as support
• RSI suggests consolidation after pump
Trade Setup: • Entry: $2,640 – $2,655
• TP1: $2,690
• TP2: $2,735
• TP3: $2,780
• SL: $2,600
Pro Tip:
Watch if ETH flips the EMA(25) level — it could spark another mini rally. But failure to hold $2,618 could trigger deeper pullback.
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