๐ ETH/USDT Technical Analysis โ Long-Term Accumulation Strategy (DCA)
Ethereum just hit $3,824 after a massive rally from the $2,100 region ๐. While the long-term trend remains bullish, the daily chart is flashing strong overbought signals. Time to play smart: partial profit + prepare for DCA entries ๐ก.
๐ป Current Signal: SELL PARTIAL / WAIT FOR CORRECTION
๐ Confidence: 82%
๐ Why this looks like a short-term top:
RSI 91.80 โ heavily overbought ๐ฅ
Rejection candle at $3,824 โ likely local top
Declining volume while price rises โ bearish divergence ๐
First red candle after a strong green streak โ trend slowing
Price far above EMA7 and EMA25 โ correction incoming ๐งญ
Strong distance from EMA99 โ overextension
+75% rally since the bottom โ unsustainable without consolidation
Weakening momentum on MA(5) vs MA(10)
Distribution signals with high-volume top
No consolidation range formed โ market may seek support
๐ฏ Strategy for DCA entries:
๐ฐ Rebuy targets:
$3,150
$2,950
$2,780
๐ Ideal for long-term holders aiming for 12-36 month compounding growth.
๐ Continue accumulating ETH in these support zones. Let the volatility work for you, not against you. ๐
โ ๏ธ This is not financial advice โ purely chart-based technical insights.
