Not a bad technical analysis

📉 Technical analysis of ETH for November 3, 2024

ETH is moving in a narrow range of $2,470 – $2,537 📈

Neutral-bearish forecast, support at $2,500 💡

Low activity indicates a possible pause in sales 📊

📊 Indicators:

RSI is neutral (48.77), CCI (-26.21), ADX (19.15) — limited momentum.

Scenarios:

🐻 Bearish: further decline in the absence of volume.

🐂 Bullish: rise upon breaking the level of $2,500.

$ETH

#ETH #Matic #BinanceBlockchainWeek