📊$ETH /USDT Technical Outlook – Short-Term Setup
Current Price: $2,324.91
24h Change: +0.14%
24h High/Low: $2,357.73 / $2,304.00
Ethereum is currently trading in a tight range, slightly below both the MA(7) and MA(25), indicating short-term bearish pressure. Volume is low, suggesting the market is waiting for a breakout catalyst.
📉 Key Levels to Watch:
· Resistance: $2,327 (MA7) / $2,357 (24h High)
· Support: $2,304 (24h Low) / $2,280 (psychological)
🧠 Market Sentiment:
· 7D: +13.97%
· 30D: +18.71%
· 90D: -17.39%
Ethereum is recovering from a steep 180-day drop but facing resistance near the 24h high. A break above $2,327 with volume could confirm upside momentum.
🎯 Trade Setup (Long Bias):
· Entry: $2,325–$2,330
· TP1: $2,350
· TP2: $2,375
· SL: $2,295
⚠️ Breakout Scenario:
If price breaks below $2,300 with volume, expect a retest of $2,260–$2,240.
📌 Always manage risk and adjust leverage accordingly. This is not financial advice.
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