$ETH Analysis of ETH/USDT for trade

Current price of ETH — **2766.01$** (-0.97%), below key EMAs (7/25/99), indicating a short-term bearish trend. RSI(6) = **31.83** (almost oversold), but RSI(24) = **52.23** — neutral. MACD histogram is negative (**-10.40**), but the convergence of DIF/DEA may signal a correction.

**Scenario:**

- **Short:** Upon rejection from resistance **2770-2780$** (supply zone in the order book) with TP **2720$** (support level) and SL above **2800$**.

- **Long:** Only upon closing above **2800$** with TP **2879$** (max. 24h) and SL **2740$**.

**Risks:** Low volume (7.96M ETH) and overall downward trend. Wait for confirmation of a breakout!

#Crypto #Trading #ETHUSDT