$ETH [TECHNICAL ANALYSIS – ETH/USDC]

Timeframe: 1W

Trend: Strong bullish momentum

Sentiment: Optimistic

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Key Data:

• Current Price: 2,675.09 USDC

• 24h High / Low: 2,681.27 / 2,494.50

• EMA(7): 2,675.09

• EMA(25): 2,640.00

• EMA(99): 2,520.00

• MA(5): 165,836.87 ETH

• MA(10): 160,412.50 ETH

• RSI(6/12/24): 63.12 / 59.87 / 57.32

• Volume (24h): ~165,836.87 ETH / ~432.19M USDC

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Key Highlights:

• Entry Point: Potential entry near 2,600–2,625, where short-term support aligns with EMA(25).

• Profit Target: First target near 2,750, and if broken, the next one near 2,850.

• Risk: Suggested stop-loss below 2,500, to limit downside exposure.

• RSI Momentum: RSI values indicate strong bullish momentum, with RSI(6) approaching overbought territory.

• Volume Activity: High trading volume supports the continuation of the upward trend.

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Conclusion:

ETH/USDC is showing strong bullish momentum, with price holding above key moving averages. A breakout above 2,750 could confirm further upside, targeting 2,850.

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#Crypto #Trading #ETH #TechnicalAnalysis #Binance