Ethereum is pulling back after rejecting the $3,300 zone, but the higher-timeframe trend remains bullish. Market sentiment is fearful, creating potential opportunities.
PIPPIN is showing corrective movement after rejecting the $0.3504 resistance. Price has pulled back to the EMA-99 zone, which is acting as short-term support around $0.329–$0.332.
🔹 Technical Outlook • EMA 7 & 25 → Bearish crossover (short-term downtrend) • EMA 99 → Holding as support (possible reversal zone) • RSI(6): 29 → Oversold on 15m (buyers may step in) • MACD → Bearish but flattening (momentum slowing)
🟢 Bullish Scenario
If price holds above $0.329, a rebound toward: ➡️ $0.338 ➡️ $0.345 ➡️ $0.350 (major resistance) is likely.
🔴 Bearish Scenario
Break below $0.329 may extend the drop toward: ➡️ $0.322 ➡️ $0.316 (24h low)
📌 Summary
PIPPIN is in a short-term correction, but indicators show oversold conditions near strong support. Watch for a bounce from the current zone for a potential trend recovery. #pippin
$LUNA LUNA is up +49%, breaking strongly above recent resistance. EMAs are fully bullish, MACD positive, RSI overbought — trend strong but correction risk increasing.
$ETH is trading around $3,364 with a mild intraday pullback of -0.38%. After touching the local high of $3,386, price is now consolidating below the fast EMAs, signaling cooling momentum.
Key Technical Highlights • EMAs: Price is slipping below the 7 EMA, showing early short-term weakness, but still above the 25 & 99 EMA → trend remains structurally bullish. • MACD: Currently turning negative (MACD - 1.03), suggesting momentum is easing after a strong upward move. • Support Zone: $3,354 → $3,336 • Resistance Zone: $3,372 → $3,386
$Summary ETH is in a minor correction phase after a sharp rise. As long as it holds above the $3,336 support, the broader trend stays bullish. A clean breakout above $3,372- $3,386 could restart upward momentum.
$BTC is trading near $92,394 and showing early signs of short-term weakness. Price is struggling to stay above the fast EMAs, indicating fading bullish momentum. MACD is flattening, suggesting a possible cooldown phase.