#Ehereum $ETH
Update signal
Current Price: $2,552.35
24h High/Low: $2,588 / $2,347
Recent Low: $2,312.62
Resistance Zone: $2,572 – $2,666
Support Zone: $2,385 – $2,312
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Indicators Analysis:
• RSI (6, 12, 24): All RSI values are below 70, with RSI(6) at ~65 — approaching overbought, indicating short-term bullish momentum but potential near a resistance.
• MACD: Bullish crossover just occurred (MACD line crossed above signal), indicating bullish momentum building.
• Volume: No visible spike, but price action is recovering with decent strength.
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Trade Setup:
Bullish Scenario (if momentum continues):
• Entry: Break and close above $2,572
• Target 1: $2,666
• Target 2: $2,738
• Stop-loss: Below $2,478 (recent consolidation area)
Bearish Scenario (if rejection happens at resistance):
• Entry: Rejection near $2,572 with bearish candlestick
• Target 1: $2,478
• Target 2: $2,385
• Stop-loss: Above $2,588
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Conclusion:
ETH/USDT is showing early bullish signs, but it’s nearing short-term resistance. Wait for confirmation — a break above $2,572 could trigger a long position, while rejection there may present a short opportunity.