$ETH
ETH/USDT Technical Snapshot (1H Chart)
Price: $2,529.15 (+6.29%)
24H High: $2,588.63 | 24H Low: $2,377.39
Key Indicators:
Bollinger Bands: Price near upper band (UP: $2,600.06) suggests potential resistance.
RSI (6): 47.39 — Neutral zone, room for upward or downward move.
Stoch RSI: 21.27 — Approaching oversold area, may hint at a short-term bounce.
Market Outlook:
ETH recently touched a local high and is now showing signs of slight pullback. Watch for support around the mid-Bollinger band (~$2,511) and potential upside if buying momentum returns.
Are we gearing up for another breakout, or is this just a breather before more downside?
What’s your play — Buy, Hold, or Wait?
