$ETH

$ETH 🔥 ETH/USDT: Ethereum Pushing Toward $1,800 — Pre-Breakout or Bull Trap?

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💰 Price Snapshot (1H Chart)

Current Price: $1,797.50

24H Change: +2.69%

24H High / Low: $1,799.79 / $1,738.60

Trend: Reclaiming momentum — testing key psychological resistance at $1,800.

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📊 Moving Averages (MA7 / MA25 / MA99)

MA(7): 🟡 $1,782.46

MA(25): 🟣 $1,768.08

MA(99): 🔵 $1,720.97

Summary: Bullish alignment — price trading above all key MAs. Short-term breakout setup brewing.

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📈 MACD & Volume Analysis

MACD DIF: +5.98

MACD DEA: +2.68

MACD Histogram: +3.30

Volume: 10,027 ETH

View: Bullish crossover visible. Momentum picking up. Slight volume decrease but structure still solid.

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⚖️ RSI (Relative Strength Index)

RSI(6): 69.34

Zone: Borderline overbought — possible minor pullback or consolidation before a breakout.

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🔍 Key Levels to Watch

Resistance:

$1,800 — Psychological resistance

$1,834.86 — Recent swing high

Support:

$1,782.46 — MA7 support

$1,768.08 — MA25 support

$1,720.97 — MA99 strong base (longer-term)

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⚔️ Trade Setup Suggestions

🟢 Spot Traders

Entry Zone: $1,780–$1,790 (on minor dip)

Take Profit: TP1: $1,800, TP2: $1,834

Stop Loss: $1,765

Plan: Buy on dips near MA7/MA25 and ride the breakout above $1,800.

🧨 Futures Traders

Long Entry: Break and hold above $1,800

SL: Below $1,768

TP: $1,834

Leverage Tip: Use up to 3x to manage risk around resistance.

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✅ Final Verdict

Bias: Cautiously Bullish

ETH is testing the $1,800 level with good momentum and strong technicals. RSI is nearing overbought, so a short consolidation or wick down could occur before a confirmed breakout. Traders should prepare for a bullish continuation but manage risk at key support levels.

TL;DR: Buy dips near MA25, watch $1,800 breakout — next leg could target $1,834+.