$ETH #ETHBreakout 📊 *ETH/USDT TECHNICAL ANALYSIS* 📊

*Current Price: $2,507.24 (+0.12%)*

🔍 *KEY OBSERVATIONS:*

1️⃣ *EMA TREND:*

- Short-term EMAs (7/25) showing bearish crossover

- EMA(99) at $2,512 acting as resistance

- Price currently below all major EMAs

2️⃣ *MOMENTUM INDICATORS:*

- StochRSI at 19.21 (approaching oversold)

- OBV shows distribution (-7.7M to -6M)

- KDJ shows weak momentum (K:33.64, J:27.86)

3️⃣ *PRICE ACTION:*

- Trading between $2,452 (24h low) and $2,615 (24h high)

- Recent rejection at $2,615 resistance

- Volume declining (2.69B USDT 24h)

🎯 *TRADING STRATEGY:*

➡️ *BEARISH SCENARIO:*

- Wait for break below $2,450

- Next support at $2,370 then $2,206

- Consider short positions with tight stops

➡️ *BULLISH REVERSAL SIGNS:*

- Needs to reclaim $2,512 (EMA99)

- Watch for StochRSI crossover above 20

- Volume surge on upside breakout

⚠️ *RISK FACTORS:*

- Low volatility (narrow $2,450-$2,615 range)

- Negative OBV suggests selling pressure

- EMAs in bearish alignment

💡 *PRO TRADER TIP:*

"Wait for clear breakout direction - current range-bound conditions make premature entries risky. The $2,500 level is psychological support."

📅 *NEXT 24H KEY LEVELS:*

- Resistance: $2,512 → $2,530 → $2,615

- Support: $2,450 → $2,370 → $2,206

🔮 *OUTLOOK:* Neutral/Bearish until $2,512 breaks

#ETHETFsApproved #Signal🚥. #USDT #TechnicalAnalysis

$BNB

BNB

624.8

+0.78%

$MUBARAK

ETH

1,980.83

+0.57%