š **ETH/USDT Update** š
š **Current Price:** **$2,493.23** (-2.43%)
š¹ *Layer 1 / Layer 2 | Vol >*
š **24h High:** $2,567.97
š **24h Low:** $2,453.80
š¹ **24h Volume:** 592,832.21 ETH ($1.49B)
---
š **Key Indicators:**
- **EMA(20):** 2,552.00
- **EMA(220):** 2,492.59 *(Watch for crossover signals!)*
- **RSI(6):** 35.19 *(Approaching oversold territory)*
- **Buy Avg. Price:** $2,592.36 *(Potential resistance zone)*
---
š **Short-Term Trend:**
- Price is below **EMA(20)**, indicating bearish momentum.
- **Volume (MA5):** 80,252 vs. **MA10:** 105,460 *(Declining volume suggests caution)*
---
š **What to Watch:**
1. **Support:** $2,453.80 (24h Low)
2. **Resistance:** $2,567.97 (24h High)
3. **RSI Rebound:** If RSI(6) dips below 30, watch for potential reversals.
---
š ļø **Tools to Use:**
- **MA/EMA** for trend confirmation.
- **MACD/RSI** for divergence signals.
- **Grid Trading** in volatile ranges.
š **Timeframes:** 15m to 1D for scalping/swing trades.
ā ļø **Alert:** Monitor Binance depth chart for liquidity shifts!
---
š **Actions:**
ā **Buy** if holds $2,450 support.
ā **Sell** if breaks below EMA(220).
