๐ฐ Current Price: $4,553.94
Ethereum$ETH is holding strong above key moving averages, showing clear bullish structure. The latest pullback looks more like a healthy reset than weakness.
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๐ Market Insights
Price & EMAs:
โ $ETH above all major EMAs โ strong uptrend
๐ EMA(7) = $4,542 (immediate support)
๐ก๏ธ EMA(25) = $4,309 (backup support)
๐ EMA(99) = $3,452 (medium-term trend support)
Momentum:
๐ RSI(6) = 52.79 โ neutral, trend intact
๐ฅ StochRSI oversold (<30) โ bounce potential
Volume:
๐ช 24h Volume = $2.56B USDT
๐ง Pullback on lower volume โ cooling, not distribution
Key Levels:
๐ง Resistance: $4,663
๐ก๏ธ Support: $4,542
โก Secondary Support: $4,309
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๐ฎ Price Outlook
Short-Term: Bounce expected โ target $4,663โ$4,950
Medium-Term: As long as $4,309 holds, trend remains bullish
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๐ Trade Plan
๐น Long on Pullback
Entry: $4,470โ$4,550
SL: $4,450
TP1: $4,660 | TP2: $4,800โ$4,850
๐น Breakout Long
Entry: Close above $4,664
SL: $4,550
Target: $4,950
๐น Counter-Short (Low Probability)
Entry: Below $4,309
SL: $4,400
Target: $4,100
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โ ๏ธ Risk Note: Always use tight stop-loss, risk 1โ2% max per trade, and confirm signals on higher timeframes.
๐ Trade ETH from here: $ETH
#Ethereum #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #Crypto #CryptoTrading #ETHUSDT