Updated Binance Square Post: ETH Climbs to $1,619.30 – Buy Now or Hold Off?
"ETH at $1,619.30 with a 2.74% gain – is this the breakout moment? 📈🚀 Here’s your 24-hour trading plan!"
Technicals:
Support: $1,550, $1,500
Resistance: $1,660, $1,700
RSI (14): 35.7 (oversold)
Sentiment: Fear (Index: 34)
Trading Plan:
Buy: If ETH holds $1,550 and breaks $1,660 with strong volume.
Stop-Loss: $1,535 (1.5% risk).
Target: $1,700 (5.1% gain).
Exit: If no breakout within 12 hours or drops below $1,550.
Conclusion: Oversold RSI suggests a bounce, but wait for volume confirmation. Stay disciplined!
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