$ETH is attempting a breakout from a 4H symmetrical triangle! Eyes on $2,758. Can bulls push through? Watch volume & RSI.
Technical Analysis: ETH/USDT (4H Chart) Date: 26 May 2025 Current Price: $2,583.30 Change (24h): +3.65%
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Chart Pattern & Price Action:
Symmetrical Triangle Breakout: ETH NE symmetrical triangle pattern form kiya tha aur ab breakout attempt ho raha hai. Price triangle ky upper resistance zone ko test kar raha hai, jo bullish signal ho sakta hai.
Support & Resistance Levels:
Immediate Resistance: $2,599 (24h High)
Major Resistance: $2,758.50
Immediate Support: $2,553.76
Major Support Zones: $2,136.73 and $1,919.70
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Moving Averages:
EMA(7): $2,548.51 (Bullish crossover with EMA25)
EMA(25): $2,551.47
EMA(99): $2,451.89 (Acting as strong support)
EMA alignment bullish hai (short-term EMA > long-term EMA), jo upward momentum dikhata hai.
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RSI (Relative Strength Index):
RSI(6): 71.42
RSI overbought zone mein hai (>70), lekin breakout ke baad strong bullish momentum continue ho sakta hai. However, short-term pullback bhi expect kar sakte hain.
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Volume:
Volume low-to-average range mein hai, lekin breakout ke waqt thoda spike aaya hai.
Volume Confirmation: Agar agle candles mein volume increase hota hai, toh breakout confirm ho sakta hai.
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Summary :
Bullish Bias:
Breakout from triangle + bullish EMA crossover
RSI in strong zone (but slightly overbought)
Next target if breakout sustains: $2,758.50
Stop loss suggestion: Below $2,550 (EMA confluence)
Caution:
False breakout possible if volume remains low
RSI overbought zone mein hai – short pullback expected before rally
Disclaimer: Yeh analysis ChatGPT (AI tool) ki madad se kiya gaya hai sirf educational purpose ke liye. Investment decision lene se pehle apna research zaroor karein. Crypto market high risk wala hai
Ethereum just jumped +5.51%, now holding strong near $2,553. The price action is showing a bullish breakout with consistent higher lows, heading straight for the $2,560 resistance zone. With over 819K ETH traded in the past 24 hours, momentum is clearly on the bulls’ side.
If ETH breaks and holds above $2,560, we could see a swift move toward $2,600 and beyond. A short dip toward the $2,520–$2,530 range may offer a solid re-entry before the next rally.
Solana is forming a kind of head and shoulder which is bearish pattern and agr ise follow krta hai toh breakdown ho skta hai and price could fall down.
So it is very important for solana to bounce back from its support area of $167 to $165
If breakdown happens then next support is near $155. Keep an eye on these levels. 👀 $SOL