📈 $ETH - Technical Analysis (Daily Chart – ETH/USDT) - April 26, 2025
ETH is trading at $1,809.16, continuing its recovery from the low of $1,385.05. Price has successfully crossed above the MA(7) = $1,725.95 and MA(25) = $1,660.00, signaling strengthened short-term momentum. However, the MA(99) = $2,284.36 remains a significant resistance level ahead. Increased volume and higher lows indicate growing buyer interest.
🎯 Objective
Short-term target: Breakout toward $1,900
Mid-term target: Challenge MA(99) near $2,280
Support zone: $1,720–$1,750 range
🧠 Trading Strategy
Entry Zone: $1,780–$1,800 on slight dips
Stop Loss: $1,720 (beneath MA supports)
Take Profit 1: $1,900
Take Profit 2: $2,200
This setup favors trend-following strategies with tight stop-losses, anticipating continued bullish momentum if volume sustains.