$ETH /USDT Short-Term Trade Setup – Market Analysis

Ethereum is holding steady above support, currently trading at $1,807.23 (+0.15%) with signs of a potential upward breakout.

Market Snapshot

24h High/Low: $1,833.55 / $1,792.49

Volume: 300K ETH (~$544M USDT)

Support: $1,793, $1,778

Resistance: $1,823, $1,838

Technical Overview

EMA: Holding above short-term averages – bullish trend

MACD: Flirting with a bullish crossover

RSI: Neutral zone (~54) – room to move higher

BOLL Bands: Tightening range, signaling a breakout likely

Short-Term Price Targets

1️⃣ $1,823 – Near-term resistance

2️⃣ $1,838 – Upper band breakout

3️⃣ $1,853 – Momentum extension target

Stop Loss: Suggested below $1,778 to manage risk

Note: Always manage risk and stay updated. This is not financial advice.

#Ethereum #ETHUSDT #CryptoTrading #TechnicalAnalysis #ShortTrade