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ETH Daily Outlook
📊 #ETHDailyOutlook – Key Support & Resistance Levels
Support Zones:
$2,450 – $2,500: Short-term demand and 50-day EMA zone
$2,300 – $2,400: Strong support from past accumulation
$2,100 – $2,250: Long-term trendline and psychological support
Resistance Zones:
$2,750 – $2,850: Heavy selling zone, aligns with 200-day EMA
$2,900 – $3,000: Key psychological barrier
$3,100 – $3,200: Upper resistance, potential breakout point
🔍 Technical Indicators
RSI (14): 58.30 (Neutral to Bullish)
MACD (12, 26): Trending upwards, bullish crossover sustained
Stochastic (14, 3, 3): Near mid-range, suggests potential upward move
💡 Market Insights
ETH is showing signs of accumulation with steady higher lows. A breakout above $2,900 could signal strong bullish momentum aiming for $3,100+. On the flip side, a breakdown below $2,400 might open a path toward $2,250 support.
Stay sharp, adjust your trades with the trend, and always DYOR.
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