📊 Price Action:
ETH cooled off after hitting $4,788, pulling back to $4,603—a healthy breather in its strong uptrend.
📈 Technical Signals:
EMA(5): $4,607 > EMA(10): $4,470 → bullish structure intact.
RSI(14): 70.9 & StochRSI: 92+ → Overbought zone, hinting at short-term pause.
MACD: Positive with DIF 258.6 > DEA 206.4 → Momentum still favors bulls.
📍 Key Levels:
Support: $4,470–$4,500 (EMA10 zone).
Resistance: $4,780–$4,800 (recent peak).
💡 Trading Plan:
Buy Zone: $4,470–$4,500 if price bounces.
Take Profit: $4,780–$4,800.
Stop Loss: Below $4,440.
🔍 Summary:
ETH remains bullish in the 12H chart but is overbought. Expect sideways action or a mild dip before the next possible rally.
#ETH #CryptoTrading #BinanceSquare #Ethereum
