Hereโs a technical overview of $ETH /USDT based on the provided data:
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๐ Current Price:
$3,499.50 (+0.04%)
24h Range: $3,354.28 โ $3,518.00
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๐งฎ Key Moving Averages (MA):
MA(5): $3,506.77 โ Slightly above current price (short-term resistance)
MA(7): $3,464.96 โ Currently acting as immediate support
MA(25): $3,447.22 โ Mid-term support zone
MA(99): $3,632.94 โ Long-term resistance
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๐ Volume & Trend Strength:
Volume (Current Candle): 15,638 $ETH
MA(10) Volume: 10,597 $ETH
Volume is above average โ indicating strength in current price action, despite low daily change.
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๐ Price Trend Observations:
ETH is bouncing between the 7 MA and the 5 MA, suggesting short-term consolidation.
Still trading below MA(99), which means long-term trend is cautiously bearish unless it breaks and sustains above $3,632.
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๐ MACD & Momentum Indicators:
While not fully detailed here, current momentum appears mildly bullish, but not explosive.
The 0.04% change indicates lack of strong directional conviction today.
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๐ Performance Snapshot:
7 Days: -6.44% โ Short-term bearish
30 Days: +35.34% โ Strong mid-term uptrend
90 Days: +91.63% โ Strong bullish
180 Days / 1 Year: Still positive โ trend remains upward on macro view.
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โ Bullish if:
Price breaks and closes above $3,518 (24h high)
Breakout above MA(99) at $3,632 could signal a new bullish leg
โ ๏ธ Bearish if:
Breaks below $3,447 support (MA25)
Especially if it falls under $3,354 (24h low), a key psychological and technical support
