$ETH
🔎 Brief Technical Analysis for ETH (2499.00$)
General Trend: Bearish in the short term (after breaking support at 2550$).
Near Support: 2450$ – if broken, we may see 2380$.
Near Resistance: 2550$ – breaking this may push the price to 2630$.
Indicators:
RSI = 42 → Moderate selling pressure.
MACD = Negative → Further correction possible.
Expected Scenario: Fluctuation between 2450$ and 2550$ with a tendency to decline if selling pressure continues.
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📊 Simplified Color Chart (Price Ranges):
| Price | Color | Interpretation |
|------------------|-----------|------------------------|
| 2600$ - 2700$ | 🟢 Green | Strong resistance area |
| 2550$ - 2600$ | 🟡 Yellow | Potential current resistance |
| 2450$ - 2550$ | ⚪ White | Critical fluctuation zone |
| 2380$ - 2450$ | 🟠 Orange | Medium importance support |
| < 2380$ | 🔴 Red | Risk of broader decline |