ETH
ETH/USDT Market Update & Trading Insights
Current Price: $1,975.26 (-1.65%)
Key Market Data:
24h High: $2,011.62
24h Low: $1,952.17
24h Volume (ETH): 355,440.02
24h Volume (USDT): 703.72M
Recent Market Movement:
ETH hit a low of $1,964.51, rebounded, and is currently stabilizing.
The highest recent price on this chart is $1,996.73.
The price is showing signs of recovery after touching key support levels.
Technical Indicators:
Williams %R: -39.67, indicating ETH is in a neutral zone, neither overbought nor oversold.
Moving Averages (MA):
MA(5): 2,675.9008
MA(10): 2,877.5228
Short-term MA is below the long-term MA, signaling potential bearish pressure.
Trading Strategy:
Bullish Scenario: If ETH breaks $1,980-$1,985, it could push toward $2,000 - $2,010.
Bearish Scenario: A rejection at $1,980 could send ETH back down to $1,964 - $1,950.
Would you like specific stop-loss and take-profit levels for a trade setup?
