ETHEREUM $ETH RECLAIMING KEY MOVING AVERAGE SUPPORT ARE BULLS TARGETING $2749.45 NEXT?
Pair: $ETH /USDT
Direction: LONG
Entry Price: 2712.28
Target Levels (Take Profit)
TP 1: 2734.58 +0.82%
TP 2: 2749.45 +1.37%
Stop Loss
SL: 2682.55
Technical Breakdown
ETH ($2712.65) established a local bottom around $2690.00 after consolidating down from recent highs near $2740.00+. The latest strong bullish candle with expanding volume demonstrates buyer defense at lower support, paving the way for a retest of upper resistance zones.
Price action has reclaimed short-term MA 7 (~2706.00) and is pushing back above intermediate MA 25 (~2712.00). The long-term baseline MA 99 (~2700.00) sits underneath the entry, providing foundational dynamic support.
RSI (14) has pointed sharply upward toward 55.00, confirming renewed buying strength following a neutral reset. The MACD histogram has flipped positive into cyan territory, accompanied by a fresh bullish signal line crossover near the zero axis.
$ETH
Pair: $ETH /USDT
Direction: LONG
Entry Price: 2712.28
Target Levels (Take Profit)
TP 1: 2734.58 +0.82%
TP 2: 2749.45 +1.37%
Stop Loss
SL: 2682.55
Technical Breakdown
ETH ($2712.65) established a local bottom around $2690.00 after consolidating down from recent highs near $2740.00+. The latest strong bullish candle with expanding volume demonstrates buyer defense at lower support, paving the way for a retest of upper resistance zones.
Price action has reclaimed short-term MA 7 (~2706.00) and is pushing back above intermediate MA 25 (~2712.00). The long-term baseline MA 99 (~2700.00) sits underneath the entry, providing foundational dynamic support.
RSI (14) has pointed sharply upward toward 55.00, confirming renewed buying strength following a neutral reset. The MACD histogram has flipped positive into cyan territory, accompanied by a fresh bullish signal line crossover near the zero axis.
$ETH
