ETH/USDT โ My 12-Hour Game Plan
๐ ๐Current Price: ~$4,603
ETH has cooled off a bit after touching
~$4,788, but the 5-EMA ($4,607) still sits
comfortably above the 10-EMA ($4,470) โ a
clear sign my short-term bias stays bullish.
๐ My Quick Technical Take
Momentum: Bullish EMA crossover โ
Overbought Signs: RSI ~70, StochRSI >92 โ ๏ธ
(market may need a breather)
MACD: DIF (~258.6) above DEA (~206.4) โ
bullish energy intact
My Next 12-Hour Scenarios
1๏ธโฃ Bullish Push
If ETH holds above the EMAs and breaks
$4,650โ$4,700
๐ฏ Target: $4,800
2๏ธโฃ Range Mood
If price chops between $4,550โ$4,650
โ Iโll watch for low volume & small candles as
the market digests gains
3๏ธโฃ Quick Dip
If RSI fades and price slips under $4,550
โ Could see $4,500 for a cooldown
Key Price Levels Iโm Watching
Support:
$4,550โ$4,600 (main zone)
$4,500 (backup zone)
Resistance:
$4,650โ$4,700 (breakout trigger)
~$4,800 (next stop)
My Checklist
EMAs: A bounce here = fresh upside
momentum
Candle & Volume: Green + high volume =
continuation
RSI/StochRSI: Cooling without a dump means
bulls still have control
Bigger Picture
ETH just tagged a 4-year high (~$4,666)
$500M ETF inflows hit on Aug 12 โ big
money is here
Some analystsโ stretch target based on
MVRV = ~$5,241
My Plan
Trend: Short-term bullish
Focus Zones: $4,550โ$4,600 support &
$4,650โ$4,700 breakout
Risk: Overbought readings โ possible pause
or pullback
Execution: Iโm scaling in near support,
waiting for breakout confirmation โ no
FOMO chasing at highs.
#MarketTurbulence #HotJulyPPI #REVABinanceTGE #DeFiGetsGraded #CPIWatch