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$ETH /USDT – At a Crossroads? 🔁
#Ethereum is hovering at $2,574.53 (–0.29%) after tapping above $2,610. With momentum flattening near a resistance zone and RSI pushing into overbought territory, a decisive move could be imminent. Let’s break it down 👇
📊 Market Overview
📍 Current Price: $2,574.53
📈 24h High: $2,610.92
❄️ 24h Low: $2,509.46
📊 24h Volume: 482,575.66 ETH / $1.24B
📉 RSI (6): 68.71 (Approaching overbought)
📈 Moving Averages:
MA(7): $2,555.30
MA(25): $2,556.74
MA(99): $2,551.31
📊 Volume MA(5): 36,435.91
📊 Volume MA(10): 25,841.74
📊 Technical Indicators
🔹 Trend Bias: Slightly bullish – price remains above all key MAs
🔹 MACD & SAR: (Not detailed, but RSI strength + low sell pressure hints at continuation)
🔹 Confluence Zone: $2,550–$2,575 – strong support/resistance flip area
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$ETH /USDT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ETH Holds Above $2,550):
Entry: Above $2,575
Targets: $2,610, $2,685, $2,735
Stop-Loss: $2,509
🔹 Bearish Scenario (If ETH Breaks Below $2,550):
Entry: Below $2,540
Targets: $2,500, $2,452, $2,400
Stop-Loss: $2,585
🔍 Should You Buy the Dip or Wait?
✅ Above MA cluster = bullish confirmation
⚠️ RSI nearing 70 = potential short-term pullback
📊 Volume supports the current move, but beware volatility into resistance
💡 Pro Tip
📌 Wait for a retest of $2,550 with strong bounce volume
📉 Breakdown below $2,509 could flip trend short-term bearish toward $2,400 zone
📢 What’s your ETH plan—holding strong or locking in profits? Drop your thoughts! 💬
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$ETH #Ethereum #ETH #ETHUSDT #Write2Earn