$ETH
/USDT Technical Analysis & Trade Signals:
Current Price: $3,944.80
24h Change: +5.69%
Support: $3,716.79 (24h Low)
Resistance: $3,979.20 (24h High)
Technical Indicators:
RSI: Near 70, indicating overbought conditions—watch for potential pullback.
MACD: Bullish cross, signaling upward momentum.
Moving Averages: Short-term moving average above long-term, confirming an upward trend.
Trade Signals:
Buy Signal: If price holds above $3,944.80, expect a continuation towards $3,979.20.
Sell Signal: If price falls below $3,916, a pullback to support at $3,716 could be possible.
Target Levels 🎯:
1. Target 1: $3,979.20 (near-term resistance)
2. Target 2: $4,050 (psychological resistance level)
3. Target 3: $4,150 (strong resistance based on recent action)
Momentum:
Bullish Momentum: Strong upward trend above $3,944.80, supported by bullish MACD and RSI signals.
Bearish Momentum: Below $3,916, potential for downward movement to support at $3,716.