💡 Quick technical analysis:
✅ Strong upward movement! ETH surged from 2,604 to 2,795 in a short period, achieving an increase of +4.99%, showing strong buying wave after a phase of consolidation.
✅ RSI is in the ideal zone! The relative strength index is at 59.9, indicating that the price is in a healthy area and has not yet entered overbought territory – there is room for upward movement without significant selling pressure!
✅ MACD is in a positive state! Momentum is still bullish with DIF remaining above DEA, indicating continued buying pressure, although there is a slight slowdown worth monitoring closely.
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📊 Expected scenario:
📌 If ETH returns to test the previous peak at 2,795.74 and breaks through, it is likely to see prices heading towards the next resistance level of 2,805 then 2,850.
📌 In the event of a temporary pullback, the 2,700 - 2,720 area could form a good support and base for a new upward round.
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🔥 Are we on the verge of a strong upward wave?
As trading volumes rise and the price holds above the 2,700 level, this could just be the beginning of a larger move ahead. Smart traders are watching this moment closely, will you be among them? ⏳🚀
📢 My opinion?: Technical signals indicate the possibility of resuming the upward trend, especially if the current momentum continues. However, it is essential to monitor price behavior at the 2,795 barrier. Breaking it could ignite a new wave of FOMO in the market!
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✍️ My quick tips:
1. Be prepared to re-enter if there is a pullback towards the 2,700 support area.
2. Use a flexible stop loss below 2,680 to reduce risks.
🚀💬 Do you expect to see ETH above 2,850 soon? Share your predictions with me! 👇