#SaylorBTCPurchase $ETH hellos friends Ethereum is going to high book your profits bellow i suggested Technical Analysis
ā Price Trend
Current Price: 2,632.29 USDT
Recent Low Price: 2,468.56 USDT
Recent High Price: 2,788.00 USDT
š Moving Averages (MA)
MA(7): 2,590.23 ā Price is above this ā bullish in the short term
MA(25): 2,543.39 ā Price is above this ā improvement in the medium term
MA(99): 2,566.92 ā Price is above this ā signs of improvement in the long term
š RSI (Relative Strength Index)
RSI(6): 74.34 ā In the Overbought zone ā price correction possible.
š Stochastic RSI
STOCHRSI: 97.82 ā Extremely Overbought ā possibility of pullback
š MACD
MACD: Positive divergence ā bullish momentum is present.
MACD line is above the signal line ā buying pressure
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šÆ Suggested TP (Take Profit) & SL (Stop Loss)
š° Take Profit:
First Target (TP1): 2,733 USDT (near resistance level)
Second Target (TP2): 2,788 USDT (recent high level)
š Stop Loss:
First Stop Loss (SL1): 2,566 USDT (near MA99 support)
Second Stop Loss (SL2): 2,522 USDT (safer limit)
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š Suggestion:
Currently, the ETH/USDT price is showing strong technical signs, but since both RSI and Stochastic RSI are in the overbought zone, some correction may occur. If you want to trade in the short term:
Hold a buying position until the price goes below 2,566 USDT.
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