đ Ethereum (ETH/USD) Trading Analysisđ
đ Support & Resistance Levels: The chart shows strong support at $1,500, where buyers have consistently stepped in. Resistance is evident at $1,800, a level where selling pressure has repeatedly emerged.
đ Entry Strategy: Consider entering a long position near the support level of $1,500, with a stop-loss slightly below to manage risk. For a short position, look for entries around the $1,800 resistance, with a stop-loss just above.
đ Indicators: The Moving Averages (MA) and MACD suggest a bullish trend, but watch for volume spikes to confirm momentum.
Happy trading! đđ°