Does ETH's greed for the peak deceive you? The risk of collapse looms! ⚠️
Ethereum is currently trading at $2,952 within an upward momentum supported by a 50-day exponential moving average and above an RSI of 50, indicating a potential upward opportunity.
However, the Stochastic indicator reflects some warnings after being overbought, which may pave the way for a near-term correction.
🛡️ Critical Points:
💧Strong support at $2,800
💧Resistance between $3,000 and $3,200
🚨 The real question: Will the price break the resistance and achieve new gains, or will fear take over and cause a sudden drop?
⚖️ The tension between greed and fear dominates traders' decisions now.
❓ Will you take the risk to enter or prefer to wait? Share your opinion with me!
