come on.
📊 Chart Summary:
Price Action: Ethereum dropped to a support level around $2617 and is now slightly recovering.
Moving Averages (MA):
MA(7) = $2637.07 (short-term)
MA(25) = $2658.21 (mid-term)
MA(99) = $2600.29 (long-term)
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📈 Technical Analysis:
1. Support Level: $2617 (price bounced here recently).
2. Resistance Zone: Around $2658 (MA25).
3. Current Momentum: The price is consolidating between MA(7) and below MA(25), showing indecision.
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✅ Trade Signal Suggestion:
Condition Action
If the price breaks above $2660 ✅ Buy – Target: $2710 to $2750
If the price drops below $2617 ❌ Sell – Target: $2550 to $2500
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🔒 Risk Management (Important):
Buy Stop Loss: $2630
Sell Stop Loss: $2645
⚠️ This signal is valid only for short-term trades (scalping/intraday) based on the 30-minute timeframe.
