Current Price Data:
Current Price: 2591.04 USDT
24 Hour Change: +2.15%
Highest Price in 24 Hours: 2649.31 USDT
Lowest Price in 24 Hours: 2511.77 USDT
24 Hour Trading Volume:
ETH: Approximately 629,622
USDT: Approximately 1.63 billion
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Quick Technical Analysis (15-minute interval):
Overall Trend:
The recent trend shows a clear upward movement, with higher highs and higher lows.
The 60-period moving average (2583.93) is below the current price, providing a positive signal (Bullish).
Momentum Indicators:
VOL (Trading Volumes): There is a noticeable increase in some candles, indicating good liquidity entry.
MA(5) and MA(10): The close moving averages still indicate continuity of the positive trend in the short term.
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Nearby Support and Resistance:
Strong Support Level: Approximately 2580 USDT
Nearby Resistance Level: 2649 USDT (Highest peak in 24 hours)
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Current Recommendation (Based on the picture):
Short-term trend is upward.
If resistance at 2649 is broken with a strong candle close, we may see a continuation of the upward movement.
If the price returns below 2580, we may face a correction or temporary pullback.