In the night session, the ETH/USDT pair stands out as the undisputed protagonist. With price action oscillating between a solid resistance at $2,000 and a technical support around $1,800, indicators show signals that could anticipate an explosive move. The RSI is in overbought territory, which historically suggests a possible decisive movement.
🤑📉📈Key technical analysis:📉📈
- Critical resistance: $2,000
- Psychological support: $1,800
- RSI in overbought: accumulated pressure, ready for breakout
- Increasing volume: growing activity in short intervals
The current behavior seems to fit a narrative of silent accumulation before the breakout. The formation of long and consecutive candles could confirm bullish intent, especially if it breaks with volume above $2,000.
"An overheated RSI doesn’t mean a brake: sometimes it's the prelude to creative chaos."
What to expect in the session?
If the momentum holds and the resistance zone gives way, we could see quick moves towards $2,100-$2,200, with a cascading effect on altcoins. If there is a rejection, the range could remain sideways with bounces between support and resistance.
#ETH/USD 🔥
