$ETH 🚀 Technical Analysis for ETH/USDT – Has the Rebound Started?
🔹 The price is currently trying to rebound after a clear drop, and investors are waiting to see if it will continue to rise or fall back down. Let's look at the details:
🕯️ Candles say:
A green candle has appeared after several red candles, and the rebound occurred from a strong support around 2,474.21, indicating a real attempt to return.
📊 Technical Indicators:
Stochastic:
The fast line crossed above the slow line → Buying momentum is starting to enter, and we may see a continuation of the rise.
RSI:
At 44.56 → It hasn't entered overbought or oversold yet, but there is room to rise if the momentum continues.
MACD:
A positive crossover occurred (the blue line is above the orange), with increasing green bars → This supports further upward movement.
🧱 Important Levels:
🟢 Support: 2,474.21
🟥 Resistance: 2,690.41
🔍 Prediction:
If the price breaks through 2,690.41 with a clear close → We might see a strong push upward.
But if it breaks below 2,474.21 → We will return to selling pressure and a decline is likely.$ETH