ETH: RSI Alert Hot, Trading Needs Consideration
💰 Current Price: $3,864.30 (+1.21% 24h)
📌 Key Resistance Zone: $3,868 – $3,971
📉 Weak Volume: 100K ETH currently (~78% below 5-day average)
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🔍 Technical Overview:
• EMA(7) = $3,791.91 → short-term support
• EMA(25) & EMA(99) maintain medium and long-term bullish structure
• RSI(6) = 75.58 → recent historical high
• Stoch RSI is diverging positively
• Current low volume indicates weak buying pressure
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📊 Short-term Prediction (1–3 days):
• Slight correction to the $3,791 zone if it does not exceed $3,868
• If it exceeds $3,868 with volume >400K ETH → target $3,941–$3,971
📅 Mid-term (1 week):
• Hold above $3,791 → expect to approach the $4,000 zone
• Below $3,677 → may return to EMA25 at $3,452
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🎯 Suggested Strategy:
🟧 Take Profit (short-term):
• Entry: $3,860–$3,868
• SL: $3,880
• Target: $3,791 → $3,750
🟢 Look to buy on confirmed breakout:
• Condition: close above $3,868 + volume >400K ETH
• SL: $3,830
• Target: $3,941 → $3,971
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⚠️ Key Points to Note:
• Unprecedented high RSI → warning of correction
• Low volume does not support upward momentum
• EMA(7) = balance point between buyers and sellers
• Currently influenced by:
• ETH spot ETF news
• BTC movements
• Growing Layer-2 adoption
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📢 Not investment advice – Trade carefully.
