$ETH

#NODEBinanceTGE Here's a quick technical analysis of the ETH/USDT chart you provided, along with a simple profit strategy based on current indicators:

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🔍 Current Price Overview

Price: $2,439.71 (+1.92%)

Resistance Level: ~$2,520.92 (Recent high)

Support Level: ~$2,350.82 and ~$2,260.97

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📊 Key Indicators Analysis

1. EMA (Exponential Moving Average)

EMA(7): 2,423.03

EMA(21): 2,427.67

EMA(50): 2,428.95

→ Price is above all EMAs, signaling a short-term bullish trend.

2. MACD (Moving Average Convergence Divergence)

DIF (MACD Line): 7.17

DEA (Signal Line): 9.47

MACD Histogram: -2.31

→ Slight bearish momentum, but flattening out — possible bullish crossover forming soon.

3. RSI (Relative Strength Index)

RSI(6): 57.30

RSI(14/40/60): Around 49-50

→ RSI is neutral to slightly bullish (not overbought, not oversold).

4. Volume

Volume is decreasing, indicating consolidation before a potential breakout.

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💡 Profit Strategy

✅ Bullish Scenario (Buy/Long)

Entry Point: $2,440–$2,445 (current price zone)

Target 1: $2,520 (recent high)

Target 2: $2,540–$2,550 (next resistance)

Stop Loss: $2,410 or below EMA(50)

➡️ Risk-Reward Example:

Risk: ~$30

Reward: ~$80–110

Good short-term long trade setup if BTC and overall market stay stable.

🚫 Bearish Scenario (Sell/Short)

If ETH fails to break $2,520 and starts dropping:

Short Entry: Near $2,520 (if rejection confirmed)

Target: $2,350 or lower

Stop Loss: $2,540+

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📌 Summary

ETH is in a sideways-to-slightly-bullish phase.

A breakout above $2,520 could signal a strong move up.

Watch volume — if it spikes with a green candle, it’s a bullish breakout confirmation.

Good profit potential for short-term long trade.

Would you like me to help set a trade plan with exact amounts for your capital size?