$ETH ๐ ๐ช BOOOOOOOOOOOM ๐ช ๐
Technical Analysis โ ETH/USDT
๐น Current Price: $2,541
๐น Volume (24h): $746.27M
๐น Trend: ๐ Mild downward correction after rejection from key resistance
๐น Momentum: Weak to Neutral
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๐ Technical Indicators
Indicator Status Signal
RSI (14) 46.8 Neutral
MACD Bearish crossover Mild Bearish โ ๏ธ
200 EMA (Daily) Support near $2,480 Key Level ๐
Fibonacci Levels 0.5 Fib at $2,600 acting as resistance Important
Support Levels:
S1: $2,480 (200 EMA)
S2: $2,420
S3: $2,350
Resistance Levels:
R1: $2,600
R2: $2,680
R3: $2,750
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๐ฏ Trading Strategy
๐น Intraday Scalping Strategy
Buy Zone: $2,500 โ $2,530
TP1: $2,575
TP2: $2,600
Stop-Loss: $2,475
Risk-Reward: ~1.9:1
Confidence: โญโญโญโญโ
โ Ideal Duration: 3โ6 hours
๐ Use trailing stop once TP1 hits
โ ๏ธ Disclaimer
This content is provided for educational purposes only. It does not constitute financial advice. Always do your own research (DYOR) before trading or investing in cryptocurrencies. Use proper risk management and only invest what you can afford to lose.
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