### đš $ETH Price Analysis and Long Trade Setup! đ„
#### Current Trend
- **Consolidation Phase:** After a slight uptrend, ETH is stabilizing.
- **RSI:** Hovering around neutral, indicating indecision in the market.
#### Support and Resistance
- **Support Level:** $2545 (recent price action suggests strong support here).
- **Resistance Range:** $2575 - $2585 could act as a barrier for upward movement.
#### Technical Indicators
- **Moving Averages:** The 50-day MA is above the 200-day MA, hinting at a potential bullish bias.
- **Bollinger Bands:** Currently near the lower band, suggesting a possible upside reversal.
- **RSI:** Near 50; a move above 60 may confirm a stronger bullish trend.
#### Trade Details
- **Type:** Long
- **Mode:** Isolated
- **Leverage:** 2X to 3X
- **Buy Zone:** $2562 - $2555
- **Targets:** $2575, $2585, $2595, $2610
- **Stop Loss:** $2545
### Stay Informed!
Monitor the market closely and adjust your strategy as needed!#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC #Write2Earn!
