$ETH

✅ Quick Technical Analysis:

🔸 Current Price:

Currently trading above MA25 (2488) and MA7 (2509) approximately, indicating an attempt to stay in a short-term upward trend.

📊 Indicators:

RSI = 52.79 → Moderate momentum, no overbought or oversold conditions, providing room for movement in both directions.

MACD has started to show a slight positive crossover, which may pave the way for an upward move if the momentum continues.

Trading volumes are slightly low, indicating that the current rise needs confirmation from real buying strength.

🔻 Nearby Resistance:

2574 – 2600: Clear resistance area (previous peaks).

2879: Major resistance if the peaks are breached.

🔺 Nearby Support:

2480 – 2450: Strong support (previous day's low).

2390 – 2360: Suggested stop loss below the moving averages.

🎯 Short-Term Trade Recommendation (Updated):

Entry: Between 2485 – 2515

First Target: 2640

Second Target: 2780

Stop Loss: Below 2390

📌 Technical Opinion:

If the price maintains stability above 2485 and closes with a green daily candle, we may witness a short upward wave towards 2600+.

However, if it breaks 2450 with a strong bearish candle, it's better to wait for a re-entry from deeper support areas.