🔥🔥Concise Technical Analysis for ETH/USDT
🟣Overall Trend: The price is currently trading at 2,510.74 with a positive increase of (+0.26%), continuing its strong rise after forming a bottom at 1,505.68.
🟤Moving Averages: The price is above both the EMA(7) at 2,144.62 and the EMA(25) at 2,131.77, and it is approaching the EMA(99) breakout directly at 2,557.02.
⚪Next Resistance: The coin faces nearby and critical resistance at 2,557.02. Breaking above it opens the way to the next levels at 2,724.08, then 3,162.57.
🔵Current Support: Levels of 2,285.58, then the moving average zones at 2,144.62, represent strong support to protect the upward momentum in case of any pullback.
#ChinaOpposesUSProposed7.5%Tariff
🟣Overall Trend: The price is currently trading at 2,510.74 with a positive increase of (+0.26%), continuing its strong rise after forming a bottom at 1,505.68.
🟤Moving Averages: The price is above both the EMA(7) at 2,144.62 and the EMA(25) at 2,131.77, and it is approaching the EMA(99) breakout directly at 2,557.02.
⚪Next Resistance: The coin faces nearby and critical resistance at 2,557.02. Breaking above it opens the way to the next levels at 2,724.08, then 3,162.57.
🔵Current Support: Levels of 2,285.58, then the moving average zones at 2,144.62, represent strong support to protect the upward momentum in case of any pullback.
#ChinaOpposesUSProposed7.5%Tariff
