$ETH # ๐ท ETH/USDT TECHNICAL ANALYSIS ๐ท
## ๐ PRICE ACTION ๐
ETH currently trading at $1,622.48 (-1.41%)
24H Range: $1,537.26 - $1,655.00
Volume: 681,120.30 ETH / $1.09B USDT
## ๐ INDICATORS SNAPSHOT
- RSI(6): 79.63 ๐จ OVERBOUGHT ZONE!
- MACD: 4.61 โ TURNING BULLISH
- DIF: -1.86 < DEA: -6.47 โ BULLISH CROSSOVER FORMING
- Stoch RSI: 99.63 ๐ด EXTREMELY OVERBOUGHT
- Williams %R: -2.52 ๐ STRONG MOMENTUM
## ๐น CHART PATTERNS
V-shaped recovery from $1,537.26 low! ๐โก๏ธ๐
Strong bounce with high volume green candle ๐
Recent rejection from $1,658.75 resistance ๐งฑ
## ๐ฏ KEY LEVELS
- Strong Support: $1,537.26 ๐ช
- Current Resistance: $1,655.00 ๐
- AVL: $1,621.92 ๐
## ๐ง KDJ INDICATORS
K: 86.66 | D: 75.30 | J: 109.40
J line shooting up! Bullish momentum ๐
## ๐ฎ TRADE OUTLOOK
ETH showing V-recovery but EXTREME overbought signals! ๐ฅ
Recent price drop (-1.41%) may indicate profit-taking ๐ฐ
Large green volume bar suggests strong buyer interest ๐
## ๐ฆ TRADE SIGNAL
โ ๏ธ CAUTION on new entries (RSI & StochRSI extreme)
๐ Watch for consolidation above $1,600
โ Potential entry after RSI cools down
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