✅ Technical Analysis Summary – ETH/USD:
• Current Price: ~2,280$
• Key Support: 2,200$ (Strong psychological and technical level)
• Nearby Resistance: 2,300$ (Breaking it could open the door for further gains)
• Technical Indicators:
• RSI at 55: Moderate momentum, with a slight buying bias (has not entered the overbought area yet)
• Overall Trend: Bullish in the short and medium term provided it stays above 2,200$
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📈 Bullish Scenario:
• Clear break above the 2,300$ level with strong trading volume → could push the price towards:
• 2,400$ (Previous technical resistance)
• Then 2,450$ (Potential supply zone)
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⚠️ Bearish Scenario (Alternative):
• Break below 2,200$ with selling pressure → could bring the price back to test:
• 2,150$ then 2,100$
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🔍 Additional Notes:
• The MACD (if available) should preferably be reviewed with its positive crossovers.
• The currently low trading volume indicates caution when making an entry decision.
• The approach of the weekend or economic news may suddenly affect the movement$ETH