ETH/USDT is currently trading at $2,522.60, reflecting a modest daily gain of +0.11%, suggesting slight bullish momentum. The price is approaching the resistance level near $2,548.42, while support lies at the recent low of $2,465.78. The short-term MA(5) at $8.80M and MA(10) at $11.26M are showing a bullish crossover, indicating a potential continuation of upward momentum. However, the long-term MA(99) at $2,547.07 remains above the current price and could act as a significant resistance. The RSI(6) is at 66.03, nearing the overbought zone, which may hint at a short-term pullback if buying pressure fades. Volume stands at 8.78M, showing moderate activity, but a stronger push is needed to break above the resistance. On a wider timeframe, ETH is down -8.05% over 7 days and -25.16% over 180 days, but has rebounded +28.27% over the last 90 days, indicating recovery potential. A breakout above $2,548 with strong volume and RSI support could signal a trend reversal, while failure to break may result in consolidation or retracement.
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