$ETH /USDT Market Analysis



Current Price: $2,346.78 (+1.53%)
**24h High / Low:** $2,352.44 / $2,300.55

Moving Averages (EMA):

· EMA(7): $2,340.54
· EMA(25): $2,328.97
· EMA(99): $2,327.14

➡️ Price is trading above all three EMAs, confirming bullish momentum in the short to medium term.

RSI(6): 74.61
→ Approaching overbought zone. A minor pullback or consolidation may be expected before the next move up.

Volume (24h):

· ETH: 94,659
· USDT: 220.32M

Volume remains supportive of the current uptrend, especially on the monthly view (+14.62%).

Key Levels to Watch:

· Resistance: $2,352 (24h high)
· Support: $2,328 – $2,330 (EMA 25 & 99 confluence)

Outlook:
Bullish as long as price holds above $2,330. A breakout above $2,352 could open the door to $2,380–$2,400.

Strategy:

· Long entry above $2,352
· Target: $2,380
· Stop loss: below $2,320
#WCTCTradingKingPK
ETH2,29%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin