🪙 ETH/USDT Analysis and Forecast 🪙

🔹 Current Price: $3,512.00

🔹 RSI: 55 (Neutral)

🔹 MACD: Sell signal

🔹 EMA (20): $3,480

🔹 EMA (50): $3,450

🔹 EMA (200): $3,400

🔹 Stochastic RSI: 60 (Overbought)

🔹 OBV: On the Rise

🔹 Whale Purchases: High in the last 24 hours

📊 Comment: ETH has been in an uptrend over the last few days. EMA indicators are above the price and MACD is giving a sell signal, which could indicate a short-term correction. The Stochastic RSI is in the overbought zone, indicating a short-term correction may occur. However, OBV is on the rise and whale buying is at a high level, indicating that major investors have confidence in the market.

High whale buying over the last 24 hours suggests the market is supported and could potentially move higher. This could see ETH test the $3,550 level in the short term.

📉 Support: $3,450

📈 Resistance: $3,550

🚀 Target: $3,550

🔻 Risk: $3,450

🔍 Technical Analysis Indicators

👉 RSI: 55, neutral zone, does not give an overbought or oversold signal.

👉 MACD: Sell signal shows that the trend is downwards.

👉 EMA (20, 50, 200): The price above all EMA values ​​indicates an upward trend.

👉 Stochastic RSI: 60, in the overbought zone, a correction may occur in the short term.

👉 OBV: Increasing, it shows that volumetric purchases are high.

It is not investment advice, be careful! 😉📊

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