here is a short technical breakdown and price order setup:

​Technical Analysis

​Trend & Moving Averages: Price ($1,674.24) is trading above the MA(7) ($1,668.10) and MA(25) ($1,659.64), showing short-term bullish momentum. However, it remains under the heavy resistance of the MA(99) at $1,816.06 and the SUPERTREND resistance line at $1,710.56.

​Bollinger Bands: The price is consolidating slightly above the middle band (MB: $1,653.54) and pushing toward the upper band (UP: $1,691.59).

​Next Movement: Expect continued sideways consolidation with a slight upward bias toward $1,690 – $1,710. A clean breakout above $1,722 is needed to trigger a stronger bullish move, while failure to hold $1,650 will likely send it back to test $1,615.

$ETH

ETH
ETH
1,668.31
+1.30%

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