šØ$ETH /USDT Market Analysis & Trade Insights (Not Financial Advice)
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š Current Market Overview
Price: $2,459.20 (-5.78%)
24h Range: $2,381.49 ā $2,640.86
Volume: 938,519.32 ETH | $2.35B USDT
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š Key Technical Indicators
1. Moving Averages (MA):
MA(7): $2,445.32 ā Acting as short-term support
MA(25): $2,522.37 ā Resistance zone to watch
MA(99): $2,575.94 ā Major resistance barrier
2. RSI (6): 46.88
Neutral zone.
A rebound from current levels could indicate a short-term recovery.
3. Support & Resistance:
Support: $2,381.49 (24h Low)
Resistance Levels: $2,522 (MA-25), then $2,576 (MA-99)
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š Trade Ideas (High Risk ā DYOR!)
š¹ Short-Term (Scalping):
Entry Zone: Around $2,400
Target: $2,520 (near MA-25)
Stop-Loss: Below $2,380
š¹ Swing Trade Setup:
Bullish Scenario: Break above $2,520 may trigger move to $2,575
Bearish Scenario: Rejection at MA-25 could lead to another test of $2,400
> ā ļø Note: Today's drop (-5.78%) signals volatility. Monitor volume for confirmation.
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š Performance Overview
7-Day: -7.59% ā Short-term bearish
30-Day: +38.49% ā Strong mid-term trend
1-Year: -36.09% ā Long-term downtrend still in play
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ā ļø Disclaimer: This is not financial advice. Always do your own research before trading.