$ETH Technical Analysis Update for ETH/USDT 📊🚀
🎯 The take profit target has been successfully reached! We are now waiting for another return to the 3,300 USD level, which seems possible based on the current chart data.
🧮 Key Chart Data:
• Current Price: 3,230.59 USD (-1.44%)
• 24h Low: 3,213 USD
• MA(7): 3,230.35 USD
• MA(25): 3,259.98 USD
• MA(99): 3,264.80 USD
The price is attempting to break through the short-term moving average (MA7), which could signal a potential rebound.
🔮 Forecast and Scenarios:
1. Chances of returning to 3,300 USD: ~65%
• The bounce from the local support level at 3,213 USD suggests buying pressure.
• MACD (-2.47) and volume indicators point to potential market interest recovery.
• Breaking the 3,270 USD level could pave the way for a move toward 3,300 USD.
2. Chances of further decline: ~35%
• The price remains below MA(99), indicating bearish dominance.
• Low trading volumes may limit the upward potential.
Summary 📈:
Ethereum is currently in a consolidation phase after a sharp decline. We observe support at 3,213 USD and an attempt to break the short-term MA(7). The next few trading hours will be crucial for confirming further movement toward 3,300 USD. It is essential to remain cautious and monitor technical indicators and volume closely.
