๐ $ETH /USDT Technical Analysis (1D Chart)
Price: $2,689.64
24h Change: +7.91%
Volume: 1.83B USDT
RSI(6): 67.90 (Near Overbought)
MACD: Bullish momentum building (DIF rising toward DEA)
EMAs:
EMA(7): $2,593.73 โ
EMA(25): $2,515.02 โ
EMA(99): $2,329.46 โ
ETH is currently trading well above all key EMAs โ a strong bullish structure.
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๐ Key Observations
Strong Rebound: ETH bounced cleanly from $2,477 and surged nearly 8% in 24h.
EMA Alignment: Short-term EMA(7) > EMA(25) > EMA(99) โ clear sign of bullish momentum.
MACD: Histogram is shrinking on the red side, indicating momentum shift toward bulls.
RSI: 67.9 โ approaching overbought, but not topped yet.
Resistance: $2,726 โ $2,788
Support: $2,611 โ $2,515
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๐ ETH Price Prediction (Short-Term)
Bullish Case:
A break above $2,726 could push ETH toward $2,850โ$2,900 quickly.
Pullback Possibility:
If rejected below $2,726, expect a retest near $2,611 or $2,515 (EMA supports).
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๐ก Trade Plan
โ Breakout Buy Strategy
Entry: $2,730 (confirmation above 24h high)
Targets:
TP1: $2,850
TP2: $2,900
Stop-Loss: $2,600
Risk/Reward: ~2.2:1
๐ Support Bounce Strategy
Entry: $2,515โ$2,550 range
Targets:
TP1: $2,689
TP2: $2,726
Stop-Loss: $2,470
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๐ Risk Management
Use 1โ2% capital per trade.
Avoid FOMO above resistance unless confirmed breakout with volume.
RSI nearing 70, so consider trailing SL if price spikes.
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๐ง Conclusion
ETH is showing strong bullish momentum after bouncing from support. A breakout above $2,726 could open the door to $2,900+. Traders should watch RSI and breakout volume closely.
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๐ Action Step: Set alerts around $2,726 and $2,515 zones. Trade breakout or bounce based on confirmation.
๐ Follow for real-time trade updates and crypto analysis
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