🚨Ethereum under the microscope! Is this the beginning of a strong rise or a truce before the storm? Accurate technical analysis 👁️✅

Ethereum under the microscope! Is this the beginning of a strong rise or a truce before the storm? Accurate technical analysis.
In light of the volatile market movements, Ethereum (ETH) has returned to the spotlight after bouncing back from the low of 2,373.00, currently recording 2,436.59 dollars.
Is this recovery temporary? Or the beginning of a new upward wave? Here’s the technical analysis supported by indicators:
🔍 A quick look at the numbers:
Highest Price in 24 Hours: 2,459.99
Lowest Price: 2,373.00
Change: -0.01% only, reflecting a potential "accumulation" phase.
📊 Technical Analysis: $ETH
1️⃣ General trend: $ETH
After the sharp drop from 2,525.00, a positive reversal candle appeared at 2,373.00.
The price is currently testing the 99 (MA99) moving average at 2,450, which is an important technical resistance level.
2️⃣ MACD Indicator:
A clear positive crossover, and the fast line DIF (0.99) has started to separate from the slow line DEA (-2.83).
The momentum is gradually shifting in favor of buyers, but still cautiously.
3️⃣ RSI Indicator:
RSI(6) = 44.32
RSI(14) = 48.80
RSI(24) = 48.18
→ The indicator is still in the neutral zone, which means that the price has not reached overbought or oversold conditions… This is an opportunity for professional traders to seize the upcoming movement.
🟢 Entry and Exit Areas:
Strong support: 2,373
Immediate Resistance: 2,450
Breaking resistance means targeting 2,490 – then 2,525 again.
📌 Technical Recommendation:
> 🔹 Short-term buying opportunity for speculators when stabilizing above 2,430 with a stop loss below 2,390.
🔹 For medium-term followers, watch for a breakout at 2,450 to signal the entry into a new upward wave.
⚠️ Advice for followers:
> Don't chase the market randomly...
Small movements herald big changes!
Stick to your plan, and watch the indicators with a keen eye, as real opportunities are born in calm areas before the explosion.
📍 Note: This analysis is for educational purposes only and does not constitute an investment or financial recommendation. Trading is risky.

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