ETHMarketWatch

๐Ÿ“Š #ETHMarketWatch โ€“ Key Levels

Support Zones:

$2,400 โ€“ $2,450: Historical support and 50-day moving average.

$2,200 โ€“ $2,300: Previous consolidation zone.

$2,000 โ€“ $2,150: Psychological level and lower trendline.Binance+1Binance+1OKX+5Binance+5Binance+5

Resistance Zones:

$2,800 โ€“ $2,900: Historical resistance and 200-day moving average.

$2,650 โ€“ $2,750: Previous consolidation zone.

$3,000 โ€“ $3,100: Upper trendline and psychological level.Binance+1Binance+1

๐Ÿ” Technical Indicators

RSI (14): 55.12 (Neutral)

MACD (12, 26): Bullish crossover

Stochastic (14, 3, 3): Oversold regionCopy Trading+2Binance+2Binance+2CryptoPotato+7Binance+7Binance+7

๐Ÿ’ก Trading Insights

A sustained move above $2,800 could indicate bullish momentum, potentially targeting the $3,000 โ€“ $3,100 resistance zone.

Conversely, a drop below $2,400 may lead to testing lower support levels around $2,200 โ€“ $2,300.reddit.com+3TronWeekly+3Binance+3

Stay informed and adjust your trading strategies accordingly. Always conduct your own research before making investment decisions.

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