$ETH
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📈 General Technical Outlook
Golden Cross: A crossover of the 50-day and 200-day moving averages occurred on June 14, which reinforces the overall bullish momentum.
RSI at ~68 indicates an overbought condition, but it also signifies continued buying pressure.
MACD shows slight weakness and a temporary decline in momentum, especially when testing resistance around $2600–$2650.
Critical support: $2500–$2516, a downward break opens the way for a correction towards $2440–$2460.
Resistances: The first level at $2600, then $2745–$2800; breaking these pushes ETH towards $3,000–$3,400 and possibly $4,000 thereafter.
