#MarketGreedRising
ETH/USDT â Next 12 Hours Outlook
đ Technical & Sentiment Snapshot:
Short-term resistance & momentum: ETH recently slipped from a high near $4,788 to around $4,603, indicating a minor pullback. However, withHereâs the current ETH price to start:
---
â ETH/USDT â Next 12 Hours Outlook
đ Technical & Sentiment Snapshot:
Short-term resistance & momentum: ETH recently slipped from a high near $4,788 to around $4,603, indicating a minor pullback. However, with the 5âperiod EMA (~$4,607) staying above the 10âperiod EMA (~$4,470), the short-term trend remains bullish .
Overbought signals: Both the RSI (around 70) and StochRSI (>92) sit in overbought territory, suggesting a pause or consolidation is possible in the next few hours .
MACD bullish: MACD sees a positive DIF (~258.6) and DEA (~206.4), reinforcing the underlying bullish bias .
---
â Trading Scenarios for the Next 12 Hours
Scenario Trigger & Levels Implication
Bullish continuation Price holds above EMAs and pushes past $4,650â$4,700 Momentum may resume, targeting near $4,800
Sideways consolidation Price ranges between $4,550â$4,650 Market digests recent gainsâwatch volume and candle strength
Quick pullback RSI fails to push, price drops below $4,550 Could revisit $4,500 range to relieve overbought conditions$ETH