Based on the charts for ETH/USDT (1-hour timeframe), here's a detailed technical analysis including support/resistance levels and a long vs short decision:
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📊 Key Indicators
🟣 EMA Analysis:
EMA(7): 2935.16
EMA(25): 2949.40
EMA(99): 2840.88
➡️ EMA(7) and EMA(25) are both above the current price (2919), indicating bearish pressure. The price is also above EMA(99), suggesting medium-term support around 2840.
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📉 MACD:
MACD Line: -7.56
Signal Line: 2.41
Histogram: Negative and flat
➡️ MACD is deep in negative territory and still diverging downward, showing strong bearish momentum.
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📉 RSI:
RSI(6): 23.10 ➡️ Extremely oversold. This suggests a bounce may be near, but it hasn't happened yet.
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📉 Stochastic (KDJ):
K: 28.88
D: 41.48
J: 3.68 ➡️ All lines are below 50, especially J is extremely low, showing the pair is very oversold.
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📈 OBV & W%R:
W%R: -79.38 → deep in oversold
OBV is declining → falling volume = weak buyer interest
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🔍 Support & Resistance
Level Type
2903 Immediate Support (recent low) 2840 Stronger Support (EMA 99) 2949 Immediate Resistance (EMA 25) 3035–3040 Major Resistance (previous top)
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📌 Buy or Sell?
❌ Short?
No, not ideal here. RSI, KDJ, and W%R are in oversold territory, and price just bounced from support (2903).
Entering new shorts here is risky due to the probability of a bounce.
✅ Long?
You could consider a cautious long entry only if:
Price holds above 2903
There's a green confirmation candle with rising volume
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Iris_Reed
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🚨 I Have 155 Million PEPE, But the Price is Different on Base Chain! 🤯
I’m holding 155 million PEPE on Base Chain, but here’s the catch—the price is completely different from the main market! 😨
What’s Going On?
🔹 Pricing Anomaly? Could there be a miscalculation in Base Chain’s market data? 🔹 Liquidity Issue? If Base Chain has low trading volume, prices may not align with broader markets. 🔹 Hidden Arbitrage Play? Is there an opportunity to profit from this price difference?
Has anyone else experienced this? Drop your insights below! Is there a way to capitalize on this situation? 👇🔥#BNBChainMeme #USTariffs #WhaleMovements
🚨 I Have 155 Million PEPE, But the Price is Different on Base Chain! 🤯
I’m holding 155 million PEPE on Base Chain, but here’s the catch—the price is completely different from the main market! 😨
What’s Going On?
🔹 Pricing Anomaly? Could there be a miscalculation in Base Chain’s market data? 🔹 Liquidity Issue? If Base Chain has low trading volume, prices may not align with broader markets. 🔹 Hidden Arbitrage Play? Is there an opportunity to profit from this price difference?
Has anyone else experienced this? Drop your insights below! Is there a way to capitalize on this situation? 👇🔥#BNBChainMeme #USTariffs #WhaleMovements