🚀 **$ETH /USDC Market Update** 🚀
Current Price: **$1,788.58** (+2.55%)
📈 **24h Range**: $1,739.52 – $1,794.26
💥 **Volatility Alert**: Price is testing the 24h high resistance at **$1,794.26**!
📊Key Indicators:
- **Moving Averages**:
- MA(7): **$1,773.70** ✅ (Price above all MAs = Bullish trend)
- MA(25): **$1,764.31**
- MA(99): **$1,717.18**
- **RSI**:
- RSI(6): **72.90** (Near overbought, short-term caution)
- RSI(12): **62.41** (Neutral)
- RSI(24): **57.91** (Bullish momentum building)
- **Volume**: Spiking above 5-day & 10-day averages! 📊
### 🧠 Strategy Insight:
- **Bull Case**: A breakout above **$1,794.26** (24h high) could trigger a rally toward **$1,837** (next resistance).
- **Bear Case**: Failure to break resistance may lead to a pullback to **$1,764** (MA25 support) or lower.
### 🛑 Should You Buy Now?
- **Aggressive Traders**: Enter with a tight stop-loss below **$1,752** (recent swing low). Target **$1,837+**.
- **Conservative Traders**: Wait for a dip near **$1,764** (MA25) or RSI(6) cooling below 65 for better risk-reward.
**🔥 Final Call**: ETH is in an uptrend, but short-term overbought signals suggest *patience could pay off*. Watch the $1,794 level closely—breakout = FOMO fuel!
👉 **Drop a ❤️ if you’re riding the ETH wave!**
📉 **Set alerts, manage risk, and stay green!** 💚
