$ETH


$ETH


Price: $2,794.00 (+3.82%) 🚀


24h Range: $2,655.61 – $2,834.86


Volume: 1.05M ETH / $2.88B – High Liquidity






🔍


Trend & Indicators





  • EMAs:



    • EMA(7): $2,667.56


    • EMA(25): $2,545.48


    • EMA(99): $2,341.24

      ✅ Price is above all EMAs → Strong Bullish Trend



  • RSI (6): 72.17 → Overbought


  • MACD:



    • DIF: 87.23


    • DEA: 81.85


    • Histogram: +5.39 → Bullish but weakening








📈


Support & Resistance





  • Support:



    • Immediate: $2,667 (EMA 7)


    • Stronger: $2,545 (EMA 25), $2,500 (psych level)



  • Resistance:



    • $2,834.86 (24h high)


    • Target if breakout: $2,900 → $3,000








⚠️


Cautionary Notes





  • RSI >70 → Possible pullback


  • MACD divergence → Momentum fading







🔮


Price Predictions




Short-Term:




  • Bullish: Break $2,835 → $2,900–$3,000


  • Bearish: Rejection → $2,655–$2,670




Medium-Term:




  • Above EMA(7) = Target $3,000–$3,200


  • Below EMA(25) = Downside to $2,340







🧠


Trade Setups




🟩 Long (Pullback Entry)




  • Entry: $2,700–$2,670


  • Target: $2,834 → $2,900 → $3,000


  • Stop Loss: $2,640




🟩 Long (Breakout Entry)




  • Entry: Close above $2,834


  • Target: $2,900 → $3,000


  • Stop Loss: $2,780




🟥 Short (Rejection Setup)




  • Entry: Rejection at $2,834 + RSI >72


  • Target: $2,667 → $2,545


  • Stop Loss: $2,860







📌


Key Triggers




✅ Bullish: Break $2,835 w/ volume + MACD widening


⚠️ Bearish: RSI >72 + MACD histogram flipping red






💡


Risk Management





  • Max 2% capital risk


  • Risk:Reward ≥ 1:2


  • TP: 50% at first target, trail rest








Final Thoughts




ETH remains bullish, but signs of overbought conditions suggest caution.



Plan:




  • ✅ Buy dips ($2,670–$2,700)


  • ✅ Buy breakouts above $2,835


  • ⚠️ Short only on confirmed rejections




🔒 Close longs if ETH breaks below $2,545.


📉 Let RSI cool before new entries.


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