$ETH

Probability-based forecast for the next 24 hours:

1. Current Market Snapshot

Price: $1,804.22

24h Change: +9.46%

24h High/Low: $1,834.86 / $1,634.95

Volume: 1.27M ETH (High liquidity)

Timeframe: 4H

Indicators Used:

MA 9: $1,628.30 (support)

ALMA 9: $1,636.24

RSI (14): 54.89

ASI: Slight positive trend

Balance of Power (BoP): Slightly bullish

2. Technical Analysis

Price Action

Strong bullish breakout from a consolidation zone ($1,600–$1,630).

Bullish engulfing candles in recent sessions indicate upward momentum.

Trading well above MA9 and ALMA — trend is momentum-driven.

RSI (Relative Strength Index)

At 54.89, RSI is neutral-positive — room for further upside before overbought (>70).

Suggests bullish continuation potential.

Volume

Spike in volume aligns with price breakout — confirms genuine buying interest.

Sustained high volume is needed to maintain rally.

Balance of Power (BoP)

Slightly bullish. Shows buying strength outweighs selling pressure, but not extremely dominant — cautious optimism.

ASI (Accumulation Swing Index)

Positive slope — gradual accumulation in progress.

3. Key Support & Resistance Zones

Immediate Support: $1,750 / $1,700

Major Resistance: $1,835 (today's high), then $1,880

Psychological Resistance: $1,900

4. Probability Forecast (Next 24 Hours)

5. Suggested Strategy

If Long: Hold with a stop at $1,740. Trail if it breaks $1,835.

If Considering Entry: Look for a retest near $1,770–$1,780 with volume confirmation.

Scalp Traders: Watch RSI around 65–70 for signs of exhaustion or short opportunities.