🚨 Ethereum Between Greed and Fear: Is the Explosion Approaching? ⚠️
🔍 Quick Analysis of Ethereum (ETH):
📈 The chart shows a confirmed bullish flag pattern, opening the door for a strong upward wave targeting $3,834 and possibly more.
⚠️ However, the Relative Strength Index (RSI) indicates an overbought condition, raising the possibility of a correction soon.
💎 Key Support and Resistance Levels:
🔹 Strong support at $3,050 — breaking it could push the price down towards $2,850.
🔹 Critical resistance at $3,834 — breaking it means more upward movement.
📊 Moving averages provide strong buy signals, but caution is always required!
❓ Will Ethereum manage to take off, or will market fears take over?
💬 Share your opinion
