š $ETH /USDT Market Outlook & Trade Ideas
š Price Overview
Current Price: $2,658.10 (+0.29%, 24h)
24h Range: $2,621.92 ā $2,788.00
Volume: 818,491 ETH / $2.21B USDT
---
š Technical Breakdown
1. Moving Averages (MA):
MA(7): $2,649 ā Neutral / near current level
MA(25): $2,693 ā Resistance
MA(99): $2,626 ā Support
> Price holding above MA(99) but still under MA(25) ā sign of consolidation phase.
2. RSI (6): 44.86
> Momentum is neutral ā no strong overbought or oversold signal. Await directional confirmation.
3. Key Support & Resistance:
Support Zone: $2,621 ā $2,625 (24h Low + MA99)
Resistance Zone: $2,693 ā $2,788 (MA25 + 24h High)
---
š” Trade Setups (Not Financial Advice)
š¹ Scalping / Short-Term:
Entry: $2,625 ā $2,640
Stop-Loss: Below $2,620
Targets: $2,690 ā $2,750
š¹ Swing Trading:
Bullish Breakout: Confirmed move above MA(25) @ $2,693 could open room toward $2,788.
Bearish Rejection: Failure at MA(25) may trigger another dip to test $2,625 support.
---
š¢ Market Sentiment & Strategy Tips
7-Day Trend: +6.13% ā Bullish Short-Term
30-Day Trend: +48.23% ā Strong Uptrend
1-Year Trend: Still down ~30% ā Watch for macro resistance
ā ļø Volume is key ā wait for confirmation before entering heavy positions.
š Set Alerts:
Above $2,700 for bullish continuation
Below $2,620 for possible downside move
ā Always trade with a plan. Manage risk. DYOR.
---
Like, Save & Share if you found this helpful!
#ETH #Ethereum #CryptoAnalysis #TradingSignals #BinanceSquare #Crypto