$ETH Current Price: $2,623.68, 🔼 +0.08% Daily, Sector: Layer 1 / Layer 2 Volatility
🔍 Key Observations
📈 Price & Trend
ETH is trading above all major EMAs:
EMA(7) = $2,596.48
EMA(25) = $2,496.49
EMA(99) = $2,307.19
Bullish structure with price mid-range in 24h channel:
$2,580.88 → $2,679.88
📊 Momentum Indicators
RSI(6): 61.28 → bullish territory, room to rise
MACD:
Histogram: -23.05 (bearish)
DIF < DEA → minor bearish pressure in bullish context
📉 Volume
Current: 182.3K ETH
MA(5): 388K ETH, MA(10): 526.8K ETH
🚨 Volume down 53% from MA(5) – institutional caution
📌 Key Levels
Resistance:
$2,679.88 (24h high)
$2,788.00 (swing high)
Support:
$2,596.48 (EMA7)
$2,580.88 (24h low)
$2,496.49 (EMA25)
📅 Today's Price Prediction
🐂 Bullish Case:
Break above $2,650 can push ETH to $2,680–$2,788
Needs volume > 350K ETH to sustain breakout
🐻 Bearish Risk:
Break below $2,596 = pullback toward $2,580–$2,550
🎯 Most Likely Range: $2,590 – $2,670 (sideways bias with bullish potential)
🧠 Trade Strategy
🟢 1. Buy Setup (Long)
Entry Zones:
Aggressive: $2,600–$2,610 dip (EMA7 + psychological)
Conservative: Breakout above $2,650 with strong volume
Targets:
🎯 $2,670 (TP1)
🎯 $2,700 → $2,750 (extended)
Stop Loss: Below $2,585
🔴 2. Sell Setup (Short)
Entry Triggers:
Rejection at $2,640–$2,650 + RSI <60 + low volume (<200K ETH)
MACD bearish divergence widening
Targets:
🎯 $2,610 (TP1)
🎯 $2,580–$2,596 (EMA7/24h low zone)
Stop Loss: Above $2,660
⚠️ Critical Warning Signals
📉 Volume Crisis
Volume -53% vs MA(5) = weakest in 10 days → whales waiting
🧠 MACD Bear Divergence
Price up, momentum down → potential smart money exit
🔗 L2 Ecosystem Watch
ETH strength linked to Layer 2 performance (Arbitrum, Optimism, etc.)
Check gas fees + usage
🛡️ Risk Management
Position Size: Max 5% of capital
Leverage: Up to 5x futures / 3x spot margin
Hedging: Monitor ETH/BTC correlation (4H)
Volume Confirmation: 1H candle + vol >250K ETH = breakout valid
✅ Conclusion
🎯 Look for longs near $2,600–$2,610 targeting $2,670
⚠️ Watch resistance at $2,640–$2,650 for short entry if RSI <65 & low volume
🎯 Ideal setup for 1–2% scalps
🚨 Low volume = false breakouts likely – manage risk strictly
📢 Stay alert for Ethereum ETF or regulatory headlines. This is not financial advice.
🔔 Follow for daily ETH scalping levels, momentum plays & risk zones
