🚀 Analysis of ETH/USDC on the 4H timeframe! 📊
The price of ETH/USDC is at 2,592.73 📈, but after a local maximum of 2,739.84, the trend looks weak. EMA(7) at 2,572 and EMA(25) at 2,540 are key support levels, while resistance is at 2,739.84. MACD signals a weakening momentum (-14.99), and RSI (likely overbought) hints at a correction. Volumes are stable but declining.
🎯 Forecast for the coming days:
• 📉 Correction: The price may drop to 2,572 or 2,540. If it breaks through — target 2,354.
• 📈 Growth: Holding at 2,572 with volume will open the way to 2,739.84, and then to 2,789.29!
• ⚠️ Bearish risk: Breaking 2,540 pulls down to 2,231.
💡 Recommendation: Wait for signals near 2,572/2,540. Buyers — enter on a breakout of 2,739. Sellers — look for shorts on the decline. Watch the volumes! 🕒