Ethereum ($ETH) ripped nearly +9% in the last 24h, climbing from $4,204 ā $4,668 before cooling to $4,647. The breakout smashed through EMAs, confirming bullish dominance ā but indicators warn of a potential cooldown.
š Quick TA Rundown
EMA(7) $4,437 > EMA(25) $4,331 > EMA(99) $4,303 ā Strong bullish structure ā
RSI(6): 88.5 ā Overheated š„
StochRSI: 82.8 ā High chance of short-term pullback
MACD: Positive ā Trend still intact
š Key Levels
Support: $4,580ā$4,600
Stronger Support: $4,430ā$4,450
Resistance: $4,670ā$4,700
šÆ Trade Setup Idea
Buy Zone: $4,580ā$4,600 (light entry) or $4,430ā$4,450 (safer entry)
Targets: Short-term $4,700+ | Mid-term $4,800ā$4,850
Stop Loss: $4,390
š Bias: Bullish, but market is overheated ā expect sideways action or dip before next leg up.
ā ļø DYOR ā Crypto = High risk, High reward.