$ETH – ETH/USDT Chart Insight

Price Movement

Current Price: 2,512.07 USDT (+0.89%)

ETH is trading above the 7-day EMA (2,508.29), pointing to short-term bullish momentum.

The spread between the 25-day EMA (2,498.47) and the 99-day EMA (2,527.44) signals mixed trends in the mid to long term.

Volume Overview

Current Volume: 3,723.9724 ETH

Volume is below the 5-day MA (12,833.4927) and 10-day MA (10,619.8318), showing a dip in recent trading activity.

Technical Indicators

RSI (6): 63.13 – nearing the overbought zone, which reflects ongoing buying pressure.

Price staying above the 7 EMA continues to back a bullish short-term trend.

Key Price Levels

Resistance: 2,546.40 USDT – a breakout here might trigger more upside potential.

Support: 2,491.42 USDT – slipping below could hint at weakness or pullback.

My Take

A clear break above 2,546.40 could open the door to further gains.

On the flip side, if ETH dips below 2,491.42, I’d stay cautious.

As RSI approaches 70, I’d consider locking in some profits.

> 🔒 This is just my analysis – not financial advice. Always do your own homework and manage your risk smartly!

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