rice: $2,517.95
24h Change: -1.19%
24h Volume: 292.86K ETH
MA(7): $2,549.00
MA(25): $2,924.31
MA(99): $2,069.73
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Technical Breakdown
Moving Averages:
ETH is currently below MA(25) but still above MA(7) and MA(99).
Indicates some short-term weakness, yet overall long-term trend remains intact above the 99-day average.
Volume Analysis:
Volume is showing a slight decline, often a signal that a bigger move is brewing—either a breakout or breakdown.
Candlestick Insight:
The daily candle shows a long upper wick, indicating selling pressure around $2,540–2,560.
This hints at possible short-term resistance or market hesitation.
Key Levels:
Support: $2,470 (near-term), $2,400 (stronger base)
Resistance: $2,575–2,600 (current high and key zone)
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Short-Term Outlook (1–3 Days)
With clear rejection near $2,540 and fading momentum, ETH may see:
→ Sideways or Slightly Bearish action
→ Retest of $2,470–2,450 possible
→ If support fails, $2,400 becomes critical
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Bullish Breakout Setup:
A close above $2,575 with strong volume could trigger a push toward:
→ $2,650–2,700 resistance zone
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Trading Focus:
Watch $2,470 support carefully
→ Break below could lead to $2,400
Close above $2,575?
→ Signals renewed bullish trend
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