$ETH

๐Ÿ“Š ETH/USDT Technical Analysis โ€“ 1H Chart Update

๐Ÿ•’ As of 11:02 AM | 29 May 2025

๐Ÿš€ Current Price: $2,722.11 (+3.07%)

๐Ÿ“ˆ 24H High: $2,788.00

๐Ÿ“‰ 24H Low: $2,608.50

๐Ÿ” Technical Indicators (1H Timeframe)

Bollinger Bands:

Upper Band: $2,763.37

Middle Band: $2,672.87

Lower Band: $2,582.36

โžค Price recently touched the upper band and is now retracing, signaling a potential short-term cool-off.

RSI(6): 57.27

โžค Indicates ETH is in a neutral-to-bullish zone, not yet overbought.

Stochastic RSI:

%K: 69.03

%D: 81.97

โžค Slight bearish crossover forming; possible short-term pullback.

๐Ÿ“Š Performance Overview

Today: +2.64%

7 Days: +10.08%

30 Days: +53.75%

90 Days: +17.24%

180 Days: -24.05%

1 Year: -28.82%

๐Ÿ“Œ Key Support: $2,672 (Bollinger Mid)

๐Ÿ“Œ Key Resistance: $2,763 (Upper Band) / $2,788 (Recent High)

๐Ÿ’ฌ My View:

After a strong bullish rally from $2,608 to $2,788, ETH is consolidating. If it holds above $2,672 (Bollinger middle band), it may retest $2,750+. Watch RSI and StochRSI closely for confirmation of momentum.

๐Ÿ”” Not Financial Advice. DYOR.

#ETHETFsApproved #TrumpTariffs #BinanceAlphaAlert

$ETH