Current data (05.23.2025):
- Price: $2,575.75 (-3.63%)
- EMA(50): 2,620.41 (key resistance!)
- RSI(14): 37.69 (oversold boundary)
- MACD: 3.93 (weak bullish momentum).
📌 Trading rules:
1. Long (buy):
- Condition: Bounce from $2,497 (24h minimum) + RSI < 35.
- Take-profit: $2,696 (4h EMA level).
- Stop-loss: $2,450 (below the local minimum).
2. Short (sell):
- Condition: Price below EMA(50) + RSI > 45.
- Take-profit: $2,530 (support at EMA on 1d).
- Stop-loss: $2,620 (above EMA).
📊 Why is this relevant?
- Volumes 22.37 billion USDT - strong liquidity for precise entries.
- MACD close to zero - trend reversal possible.
- Critical level: $2,620 - breaking above will open the way to $2,734.
⚠️ Risks:
- If RSI does not reach oversold (<35), the long is not relevant.
- If it falls below $2,487 (daily EMA) - the trend will remain bearish.
💬 Let's discuss! What do you think - will ETH bounce from $2,500 or continue to fall? Write in the comments!
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