$ETH ETH recently hit a local high at $2,834.23, showing strong bullish momentum, but is now facing minor resistance .
RSI(6) is at 33.95, indicating short-term oversold conditions – a possible bounce could be in sight if buyers return.
🟣 Support Levels: $2,755 – $2,706
🔺 Resistance: $2,834 – If broken, we may see a test of $2,900.
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🧠 My Take:
Ethereum is cooling off after a strong rally from the $2,500 zone. As long as it holds above the 25 EMA, bulls remain in control. Keep an eye on volume and RSI for signs of a reversal or continuation.
💬 What’s your ETH plan? HODL, trade, or wait for a better entry? Let’s discuss 👇
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