MonoCoinSignal

Ethereum: Testing Key Resistance

BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum is currently trading within a bullish channel, maintaining a steady climb above its local support levels. The MACD indicates a bullish trend with the histogram in positive territory, reinforcing the upward momentum. However, traders should watch for any volume decline, which may signal a weakening of the current trend and a potential pullback.

The upper Bollinger Band, positioned at $3173.78, could pose a challenge as ETH approaches. A decisive breakout above this level could pave the way for further gains, while any reversal here might suggest a short-term retracement.

The RSI is relatively high at 71.49, suggesting that ETH is in the overbought zone, which traditionally calls for caution among traders. Should a correction occur, the lower Bollinger Band at $2930.87 and the Simple Moving Average (SMA) at $3092.55 stand out as key support zones.

🥇Join our free Telegram channel and claim your trial ➜ t.me/monocoin_public

🥇Enjoy a 7-day free trial of our services with Cornix

👤Admin ➜ t.me/monocoin_admin
免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。