📊 ETH/USDT – Daily Update (13 July)

ETH has been on a strong run recently, touching the key $3,000 psychological resistance after a clean breakout from $2,500 levels.

Right now, it's consolidating near the highs, showing signs of strength but also caution.

🔍 Key Observations:

🔹 Price: $2,954

🔹 RSI: 70.85 (Overbought zone – cooling off likely)

🔹 Volume: Slightly fading after impulse move

🔹 ETH is well extended from its 21 EMA → suggesting possible pullback for re-accumulation

📌 Support Levels:

• $2,800 – Previous breakout and local demand zone

• $2,716 – 21 EMA (mid-term support)

• $2,666 – EMA ribbon support cluster

📌 Resistance:

• $3,000 – Major psychological + technical resistance

• Flip this → could open path toward $3,300+

🧠 Gameplan:

• Ideally waiting for retest in $2,750–$2,800 range for fresh longs

• Avoid longing into strength without structure

• Clean flip and consolidation above $3K = continuation setup 🚀

🛠 Stay reactive, not predictive. Let price show the move.