Here's a technical analysis and trading insight for $ETH /USDT (Perpetual Futures)
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๐น ETH/USDT โ Market Snapshot
Metric Value
Last Price $2,536.30 โฌ๏ธ (+1.52%)
Mark Price $2,536.30
24h High / Low $2,569.40 / $2,496.66
24h Volume (ETH) 2.88M
24h Volume (USDT) $7.30B
> ETH is recovering from a daily low of ~$2,497 and approaching short-term resistance at ~$2,570.
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๐ Technical Indicators
Indicator Value Signal
MA (5) 138,127.526 Short-term buying activity
MA (10) 192,006.650 Long-term volume holding steady
Momentum Bullish Bias Higher lows forming
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๐ Key Price Levels
๐ Resistance Zones
$2,569 โ $2,574 โ Near-term resistance
$2,600 โ $2,620 โ Next upside breakout range
๐ Support Zones
$2,510 โ $2,496 โ Short-term support
$2,468 โ $2,443 โ Key demand zone
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โ Trade Ideas
๐ข Bullish Breakout Trade
Entry: $2,540 โ $2,550 (after a minor pullback)
Target 1: $2,570
Target 2: $2,600 โ $2,620
Stop-Loss: Below $2,495
> Stronger if BTC remains above $63K and NASDAQ shows risk-on appetite.
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๐ด Bearish Reversal Play
Entry (Short): $2,570 โ $2,575 (on visible rejection)
Target: $2,500 โ $2,470
Stop-Loss: $2,585+
> Risk increases if ETH gets dragged by BTC or broader market correction.
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โ๏ธ Summary & Bias
Current Bias: Mild Bullish
Key Trigger: Break and close above $2,570 โ bullish confirmation
Volume Trend: Stable and rising, supporting upward continuation
Volatility: Moderate โ swing entries are preferable over scalps unless you're using tight risk parameters
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Would you like a short-term chart pattern analysis or a comparison with BTC/USDT to gauge broader market influence?
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