📊 ETH/USDT Price Analysis & Trade Signal

🔹Current Price:$2,460.37 (-5.48%)

🔹 24h High:$2,640.00

🔹 24h Low: $2,379.62

🔹 24h Volume:9.36M ETH / 23.46B USDT

📈 Technical Indicators:

✅ EMA (30):$2,457.12 – Acting as a potential support level.

✅ MACD:Bearish momentum persists as the MACD line remains below the signal line.

✅ RSI (14): 30 – Approaching oversold territory, signaling a possible bounce.

📉 Market Sentiment:

ETH has faced strong selling pressure, breaking below key support levels. The RSI nearing oversold conditions suggests a potential short-term rebound, but the overall trend remains bearish.

🚀 Trade Signal:

🔸Short-Term Strategy: Watch for a bounce near $2,379.62. If RSI dips below 30 and recovers, a long entry could be considered with a target near $2,500.

🔸 Bearish Continuation:If ETH fails to reclaim $2,460, further downside towards $2,350 is possible.

⚠️ Risk Management:

🔹 Stop-loss: Below $2,350 to mitigate downside risk.

🔹 Monitor MACD for trend confirmation before entering trades.

📢 Stay sharp, traders!Market volatility is high—manage risk wisely!

#Binance #ETH #CryptoTrading #TradeSignal 🚀