$ETH ๐ฅ๐ ETH/USDT โ QUIET STRENGTH OR FALSE HOPE? WATCH THIS ZONE! ๐๐ฅ
๐ฐ Price: $2,458.25 (โ0.05%)
๐ 1H Chart | โ๏ธ Consolidation | ๐ Setup Brewing!
Letโs break it down & prepare for the next ETH move ๐
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๐ MARKET SNAPSHOT
๐ Range: $2,389.69 (low) to $2,474.87 (high)
๐ ETH tried breaking out ($2,482.04), but got slapped back into the range
โก๏ธ Sideways action but volume starting to tick up again
๐ MA Overview:
๐ก MA(7): $2,431.64
๐ด MA(25): $2,432.05
๐ต MA(99): $2,344.69
โ Price holding above all 3 โ slight bullish bias
๐ง MACD:
MACD: 0.69 | Positive cross intact โ
Momentum slowly curling up again
๐ RSI (6): 72.59 โ creeping toward overbought โ ๏ธ
๐ Volume: Slightly rising โ early sign of interest
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๐ฏ ETH/USDT TRADING PLAN
๐ข LONG SETUP โ Breakout Watch
โ Entry: Above $2,475 (24h high breakout)
๐ฏ TP1: $2,520
๐ฏ TP2: $2,580
๐ SL: Below $2,432
๐ด SHORT SETUP โ Range Rejection Play
๐จ Entry: Rejection near $2,470โ$2,480
๐ฏ TP1: $2,395
๐ฏ TP2: $2,345 (near 99 MA)
๐ SL: Above $2,485
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๐ INSIGHTS & CAUTION
โก ETH is winding up in a tight range
๐ฏ RSI is near overheated โ perfect time to wait for real breakout
๐ Consolidation with strong MAs underneath = possible launch or trap
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๐ฌ ETH has been loading quietly โ are bulls just chilling or coiling up for blast?