Ethereum ($ETH ) shows strong technical indicators for the start of a bullish wave, especially after the breakout on the 15-minute interval and the price resting above the averages. Is it time to enter? Here’s a professional analysis and recommendations 🔥
📊 Quick technical overview:
Current price: 2,435.53 USD
Highest peak in 24 hours: 2,443.72 USD
Important support: 2,428 and 2,418 USD
Moving averages EMA:
EMA20 = 2,431.49 ✅ Price is above it (Positive)
EMA50 = 2,428.02 ✅ Strong support
EMA99 = 2,427.13 ✅ Clear pivot point on it
RSI: at 59.36 → Near bullish momentum zones
MACD: Positive crossover and momentum indicator is on the rise
STOCH RSI: In the mid-range with positive tendencies
🎯 Short-term recommendation (Scalp or quick swing):
Suggested entry point: from 2,432 – 2,435 USD
First target: 2,449 USD
Second target: 2,460 USD
Stop loss: Close below 2,423 USD
📌 Reason for the recommendation: Clear momentum after a triple bounce from the support area while the price remains above EMA99.
🎯 Long-term recommendation (Days to weeks):
Safe entry: Close above 2,460 USD with a 4-hour candle
First target: 2,520 USD
Extended second target: 2,600 USD
Stop loss: Break below 2,388 USD (today's low)
📌 Risk note:
Follow Bitcoin's movement as it directly affects ETH.
Activate the alert when approaching the level of 2,448 or 2,460 to monitor potential breakouts.
💬 Do you think ETH will lead the market to the next phase? Share your opinion, and don't forget to activate alerts to receive opportunities as they arise!
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