a short technical analysis and trade signal for $ETH š„šÆ
/USDT, based on your provided data:
āļø Technical Analysis (Short-Term)
Trend: Sideways to mildly bullish
Support: $2,457
Resistance: $2,531
Momentum: Mild bullish momentum forming above $2,490
Indicators:
RSI near 55 (neutral-bullish)
MACD shows potential crossover
Volume is stable, favoring continuation
š Trade Signal: LONG (Buy)
Entry Zone: $2,488 ā $2,492
Stop Loss: $2,454
Momentum: š¼ Building positive momentum (low-risk accumulation zone)
šÆ Target Levels
Target 1: $2,510 (short-term resistance)
Target 2: $2,531 (previous high ā key breakout level)
Target 3: $2,570 (extended bullish target)
Note: If price breaks and holds above $2,531 with volume, it may trigger further upside. Caution below $2,457 ā could shift bias to bearish.