đ **$ETH /USDC Market Update** đ
Current Price: **$1,788.58** (+2.55%)
đ **24h Range**: $1,739.52 â $1,794.26
đ„ **Volatility Alert**: Price is testing the 24h high resistance at **$1,794.26**!
đKey Indicators:
- **Moving Averages**:
- MA(7): **$1,773.70** â (Price above all MAs = Bullish trend)
- MA(25): **$1,764.31**
- MA(99): **$1,717.18**
- **RSI**:
- RSI(6): **72.90** (Near overbought, short-term caution)
- RSI(12): **62.41** (Neutral)
- RSI(24): **57.91** (Bullish momentum building)
- **Volume**: Spiking above 5-day & 10-day averages! đ
### đ§ Strategy Insight:
- **Bull Case**: A breakout above **$1,794.26** (24h high) could trigger a rally toward **$1,837** (next resistance).
- **Bear Case**: Failure to break resistance may lead to a pullback to **$1,764** (MA25 support) or lower.
### đ Should You Buy Now?
- **Aggressive Traders**: Enter with a tight stop-loss below **$1,752** (recent swing low). Target **$1,837+**.
- **Conservative Traders**: Wait for a dip near **$1,764** (MA25) or RSI(6) cooling below 65 for better risk-reward.
**đ„ Final Call**: ETH is in an uptrend, but short-term overbought signals suggest *patience could pay off*. Watch the $1,794 level closelyâbreakout = FOMO fuel!
đ **Drop a â€ïž if youâre riding the ETH wave!**
đ **Set alerts, manage risk, and stay green!** đ
