$ETH
๐ ETHUSDT: Bullish Breakout Alert! ๐ฅ
Ethereum (ETHUSDT) is surging, currently trading at $2,612.71 (+4.28%). Here's a breakdown of the key insights and trade strategy:
๐ Bullish Indicators
- MACD: Positive crossover, indicating bullish acceleration
- OBV: Massive buying volume confirms breakout
- Long dominance: 66.87% of positions, indicating whale support
- Bollinger break: Price above MID-band, showing trend strength
โ ๏ธ Warning Signs
- RSI: Overbought at 72.2, potentially leading to a pullback
- STOCHRSI: Extremely overbought, indicating exhaustion risk
๐ Trade Strategy
- Aggressive LONG entry: $2,590-$2: Buy, TP1: $2,650, TP2: $2,730, SL: $2,530
- Ideal LONG entry: $2,520-$2,540 (deep retest + daily support)
๐ก Surety Rate
- 80% confidence in LONG-term uptrend
- Short-term pullback risk, but dips are buying opportunities
๐ Join the Conversation
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