๐จ $ETH /USDT โ Oversold or Just Cooling Off? ๐ง Big Move Loading? โ ๏ธ
$ETH is currently hovering at $3,750.01, showing a mild -0.09% dip. But donโt be fooled by the calmโRSI is nearing oversold, and volume is rising. Is Ethereum preparing for a bounceโor will $3.6K get tested next?
๐ Market Overview
๐ Current Price: $3,750.01
๐ 24h High: $3,860.00
โ๏ธ 24h Low: $3,681.60
๐ Parabolic SAR: Likely flipped bearish (awaiting confirmation)
๐ MACD Estimate: Bearish bias developing
MA(7): 3,801.28
MA(25): 3,772.53
MA(99): 3,634.25
๐ RSI (6): 30.70 โ Just above oversold zone
๐ ETH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ETH Holds $3,700+):
Entry: Above $3,760
Targets: $3,860, $3,950, $4,050
Stop-Loss: $3,670
๐น Bearish Scenario (If ETH Breaks Below $3,670):
Entry: Below $3,670
Targets: $3,600, $3,510, $3,350
Stop-Loss: $3,785
๐ Hold or Sell?
โ RSI is nearing oversold = Potential bounce incoming
โ ETH still above 99-day MA = Long-term trend intact
โ ๏ธ Price below 7 & 25 MAs = Short-term weakness
โ Failure to hold $3,670 = Bearish continuation likely
๐ก Pro Tip:
๐ฏ Watch $3,760-$3,800 zone closelyโif reclaimed on volume, a rally back to $4,000 is possible
๐ But if ETH fails to hold $3,670, prepare for deeper retracement!
๐ข Are you long, short, or staying neutral on $ETH? Letโs talk setups! ๐
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