📊 Technical Analysis of Ethereum ($ETH )

Current Price: US$ 3,795.11

Variation in the last 24h: −0.50%

Intraday range: low at US$ 3,784.55 and high at US$ 3,937.45

🔍 Technical Analysis

RSI: 74.91 — indicating overbought conditions.

Chart pattern: Ethereum is testing resistance around US$ 3,900, with potential for a breakout that could lead to higher levels.

Trading volume: US$ 24.79 billion in the last 24 hours, suggesting high liquidity.

📈 Entry Strategies

Conservative Buy (Long):

Entry: US$ 3,780 – 3,800

Stop Loss: below US$ 3,700

Take Profit:

TP1: US$ 3,900

TP2: US$ 4,000

Bullish Breakout:

Entry: close above US$ 3,900 with increasing volume

Stop Loss: US$ 3,850

Take Profit:

TP1: US$ 4,100

TP2: US$ 4,200