💡 Quick technical analysis:
✅ New breakout! After a strong rebound from the $2,557 area, the price managed to reach $2,662 and approached the daily high at $2,669, reflecting increasing buying interest!
✅ RSI indicates strong upward momentum! The indicator is at 79.71, in the overbought zone, indicating the current strength of momentum – but beware of a potential correction soon.
✅ Stochastic indicator is optimistic! A clear positive crossover, with overbought conditions in the high regions, supporting the continuation of upward momentum.
✅ MACD shows a strong opportunity! The difference between DIF and DEA is at its highest level in days, which enhances the likelihood of continued upward movement.
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🚀 Expected scenario:
🔼 If the resistance at $2,669 is broken, we may see acceleration towards $2,700 - $2,750 in the coming sessions.
🔽 If a correction occurs, strong support at $2,587 represents the first potential rebound area, followed by $2,481.
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🔥 Is ETH ready to explode above $2,700?!
The current momentum confirms market optimism, but risk management is crucial at these high levels.
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📌 Quick tips for traders:
🛡️ Do not enter without a stop loss, and watch the support at $2,587 in case of a reversal.
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💬 My personal opinion:
ETH shows strong signals, and the momentum is clear, but the next breakout needs a clear break with large trading volumes... and be ready! 🌊💥
📢 Do you see $ETH exceeding $2,700 this week? Share your prediction! 👇🔥