📈 $ETH - Technical Analysis (Daily Chart – ETH/USDT)

ETH is currently trading at $1,799.11, gaining 10.38% in 24h with a bullish breakout above short-term resistance. The price has reclaimed both MA(7) = $1,643.97 and MA(25) = $1,667.03, indicating a reversal from the recent downtrend. The next major resistance lies near MA(99) = $2,333.59. The spike in volume suggests strong buyer interest, possibly marking the start of a short- to mid-term rally.

🎯 Objective

Short-term goal: Break and hold above $1,800

Mid-term target: Test $2,000–$2,100 zone

Key resistance: MA(99) at ~$2,330

🧠 Trading Strategy

Entry Zone: $1,750–$1,790 (on pullback)

Stop Loss: $1,680 (below MA25 support)

Take Profit 1: $1,950

Take Profit 2: $2,150

Momentum favors bulls, but caution is advised if BTC stalls or macro sentiment shifts. Trail stop after breaking $1,900. #ETH