$ETH 🔍 Analysis of the WBETH/USDT Chart
---
📈 Price: $2,990.02 (+4.78%)
📊 Latest Data:
24h maximum: $3,035.02
24h minimum: $2,853.56
RSI(6): 45.04 (neutral zone)
The volume has suddenly increased, which may indicate the activation of market makers or a large buy/sell order.
---
📉 What the chart says:
1. Moving Averages:
MA(7) ≈ MA(25) ≈ Price — flat situation, the market lacks a clear direction.
MA(99) (long-term support) remains below — while the trend technically retains signs of growth.
2. RSI is falling to 45 — buying pressure is decreasing, a pullback or sideways dynamics is possible.
3. Volume: sharp increase in volume — likely, the market entered with a large lot. This often precedes a reversal or a local breakout.
---
🧭 Forecast for today:
🔸 Key support: $2,952
🔸 Resistance: $3,010 – $3,035
If the price stays above $2,980 — a retest of $3,035 is likely.
If it breaks below $2,952 — a drop to $2,923 is possible.
---
✅ Recommendation:
For traders: Monitor the volumes. If they increase along with the price — it’s a signal for a breakout.
For holders: Don't panic until MA(99) is broken down.