#CryptoTrading. #TechnicalAnalysiss #Signal🚥.
📊Technical analysis (1 goal) $ETH /USDT
Current situation:
• Price ~2940-2950 USD (+1.05% at the time of the screenshot).
• After a strong drop from the peak ~3177 to the bottom ~2870, the price rebounded and is testing local resistance near 2940-2967 (upper band of Bollinger Bands).
• Bollinger Bands: Price near the upper band (UP 2966), which indicates a possible short-term overbought.
• MACD: DIF -20.20 (below DEA -26.07), but MACD 5.87 >0 — weak bullish signal, momentum is improving.
• RSI: 51.32 (6-period), 46.77 (12), 42.90 (24) — neutral, not overbought/oversold, is easy for growth.
• Volume: Rising on rebound, OI (open positions) high ~2B.
Overall trend: Short-term rebound in the inter-boundary channel after correction. Support ~2870-2900, resistance ~2967-3000.
Signals:
🟢Buy (Long): Weak bullish. Enter on a breakdown of 2967 with volume confirmation. Target: 3000-3075. Stop below 2900. (Approach scalp/swing if MACD momentum increases.)
🔴Sell (Short): Stronger in the short term. Enter on a deviation from the upper Bollinger or if the price fails to break 2967. Target: 2900-2870 (previous low). Stop above 2980. (Risk of continued rebound, but indicators point to a possible return to the downside.)
⚠️The market is volatile, follow the news (ETF, updates).