$ETH

General Trend (Trend):

• The current trend is upward in the short term where we see a series of green candles that started around June 9 at a level of 2477.73 and rose sharply to 2726.78.

• However, a slight downward correction is now appearing in the recent red candles.

2. Moving Averages:

• MA(7) = 2687.69: the current price is below it → an initial signal of slowing bullish momentum.

• MA(25) = 2595.27: the price is above it → the general trend remains upward.

• MA(99) = 2524.64: the price is clearly above it → strong support in case of a larger correction.

3. Support and Resistance Levels:

• Near Support: 2629, 2595 (MA25), 2524 (MA99)

• Current Resistance: 2687 (MA7) then 2726 (the last peak)

4. Trading Volumes:

• A clear increase in volumes at the beginning of the rise, then a gradual decline → may indicate weakening buying momentum.