$ETH

/USDT Technical Analysis and Trade Signals

Current Price: $3,965.49

24h Range: $3,920.09 - $4,107.80

Indicators Overview:

SAR (0.02, 0.2): $4,025.60 (Bearish trend as price is below SAR).

MA (5): $8,216.65 (Short-term moving average indicates overvaluation in prior trend).

MA (10): $5,824.20 (Price still below MA levels; downward pressure persists).

Momentum:

The price shows moderate bearish momentum with slight recovery potential based on 24h performance (+0.90%).

Trade Signals:

1. Bullish Breakout Above $4,025: Enter long, targeting resistance levels.

Target 1: $4,081

Target 2: $4,110

Target 3: $4,200

2. Bearish Breakdown Below $3,920: Enter short, targeting support levels.

Target 1: $3,900

Target 2: $3,850

Target 3: $3,800

Trade Momentum:

Current momentum favors a range-bound trade. Wait for clear price action to confirm breakout or breakdown.

RSI and Volume Check: High volume near $4,025 may confirm a bullish breakout.

Risk Management:

Stop Loss:

Long: $3,900

Short: $4,030

Trade cautiously and align with broader market trends.

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