$ETH
Eth/USDT chart analysis:
*ETH/USDT Chart Analysis ๐*
*Key Observations ๐*
- *Price*: $1,819.77, down -2.32%
- *24h High/Low*: $1,957.00 / $1,781.53
- *EMA Levels*:
- EMA(7): $1,856.37 (short-term resistance)
- EMA(25): $1,979.59 (stronger resistance)
- EMA(99): $2,493.51 (long-term bearish trend confirmed)
- *Volume*: Increasing on red candles, indicating stronger selling pressure
*Technical Indicators ๐*
- *MACD, RSI, and KD*: Not fully visible, but trend suggests continued bearish momentum
*Short-Term Prediction ๐ฎ*
- *Bearish Scenario*: Failure to reclaim $1,856-$1,880 could lead to a retest of $1,750-$1,780 (previous low) or $1,636-$1,650 (next major support)
- *Bullish Scenario*: Breakout above $1,880-$1,900 could signal a relief rally toward $1,950-$2,000