๐ฉธ $ETH Key Technical Levels โ 1D Timeframe
ETH is trading around $2,720, holding above its key daily moving averages with bullish momentum, but price is approaching a major resistance zone.
๐ด Resistance (sell/short zone)
โข $2,780โ2,810
โข $2,900โ3,000
๐ข Support (buy/long zone)
โข $2,640โ2,600
โข $2,520โ2,460
โข $2,360โ2,400
ETH has gained around 13.8% over the past 7 days, but RSI is already in overbought territory. This could lead to some consolidation or volatility near $2,780โ2,810.
As long as ETH holds $2,640โ2,600, the current daily structure remains constructive. A rejection from $2,780โ2,810 could bring the lower support zones back into focus.
Trade Accordingly ๐๐ป
ETH is trading around $2,720, holding above its key daily moving averages with bullish momentum, but price is approaching a major resistance zone.
๐ด Resistance (sell/short zone)
โข $2,780โ2,810
โข $2,900โ3,000
๐ข Support (buy/long zone)
โข $2,640โ2,600
โข $2,520โ2,460
โข $2,360โ2,400
ETH has gained around 13.8% over the past 7 days, but RSI is already in overbought territory. This could lead to some consolidation or volatility near $2,780โ2,810.
As long as ETH holds $2,640โ2,600, the current daily structure remains constructive. A rejection from $2,780โ2,810 could bring the lower support zones back into focus.
Trade Accordingly ๐๐ป
