$ETH

Here are the current technical notes:

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📊 Overall technical situation:

• Current price: 2,521.77 USDT

• Daily change: +0.49% (+12.78)

• Highest price in 24 hours: 2,617.74

• Lowest price in 24 hours: 2,451.97

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📈 Technical analysis of candles and trends:

• There is a clear drop from a nearby peak around 2,680 followed by a slight upward bounce.

• The price is currently facing near resistance at the level of 2,529 (which it is crossing now).

• Moving averages show that:

• The price is below the averages → the overall short-term trend is still downward.

• The likelihood of rejection from resistance is possible if it does not exceed 2,530 consistently.

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📉 Relative Strength Index (RSI) and trading volume:

• RSI appears to be in a neutral zone, showing no overbought or oversold conditions currently.

• There is a decrease in trading volume which indicates market hesitation and weakness in the current upward momentum.

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🔁 Trading ratios (buy vs sell):

• Buying: 52.17%

• Selling: 47.83%

This indicates a slight balance leaning towards buyers, but control is still indecisive.

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🔍 Support and resistance levels:

• Nearby resistances:

• 2,529 (blue line)

• 2,530.60 (green line)

• Strong support:

• Approximately 2,480 (the previous low shown in the candles)

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🧭 Possible scenarios:

🔼 If 2,530 is broken consistently:

• The price may target levels: 2,560 then 2,600

🔽 If the price fails and gets rejected:

• A return to test 2,490 - 2,480 is expected

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