ETH Trading Signals
Current Price: ~$2,623.80.
Market: Bullish with short-term consolidation.
Technicals show a bullish MACD crossover and RSI at 68, nearing overbought.
Buy (Long):
Enter $2,600–$2,650 (support zone, 50-day EMA ~$2,650).
SL: $2,500.
TP: $2,800 (1.7:1 RRR),
$3,000 (3:1 RRR).
Rationale: ETF inflows ($286M weekly) and network activity (1.2M daily addresses) support upside.
Sell (Short):
Enter $2,700–$2,800 (resistance).
SL: $2,900.
TP: $2,500 (2:1 RRR).
Rationale: Rising Binance reserves signal sell pressure.
Risk Management: Risk 1% of account ($100 on $10,000). Monitor macroeconomic risks, Binance Square.$ETH
