$ETH
Support for the main resistance
An important support area at $2,500–$2,520, and ETH has maintained this level despite pressure, forming a base for a potential upward wave.
Immediate resistance at $2,750–$2,830; a strong breakout could trigger a wave towards $3,000 or higher.
Momentum Indicators
RSI at ~50 indicates market balance but shows some negative divergence, warning of a slight decline if the bullish momentum is not regained.
MACD is currently negative with the MACD line falling below the Signal line, indicating moderate selling pressure.
The DMI and ADX indicators show upward momentum, but the RSI entering the overbought area (~76) could lead to a short correction.
🧭 Signals
Short-term bullish signals:
Strong institutional activity with inflows towards Ethereum ETF funds amounting to $296 million last week, boosting bullish momentum.
Improvement in futures trading warns of a short to medium-term bullish wave towards $2,880–$2,967.
Potential bearish warnings:
The appearance of negative divergence (RSI and MACD) could lead to a decline towards support at $2,470 or even the $2,200–$1,800 range if the $2,500 level fails.
The weekly trend model indicates a descending channel, with a possibility of testing support around $2,115 if a correction occurs 📉.
---
🎯 Entry Points
Timeframe Suggested Trend Entry Points Stop Loss Potential Targets
Daily / Short Moderate Bullish Near $2,500–$2,520 Below $2,470 $2,750 → $2,880
Medium (1–2 weeks) Salary+Volatility With a breakout at $2,750 Below the channel or RSI $3,000 → $3,200