$ETH

📈 Market Overview

​The price of $3,156.56 indicates that Ethereum has managed to find strong support in the $3,100 zone and made a successful bounce. The asset returned above the critical level of $3,150. This is a positive sign, demonstrating strong buyer interest at lower levels. The market is actively fighting to return to the 20-day EMA.

• Overall trend: Bullish, strong bounce phase after testing support.

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​📊 Technical indicators

● RSI (14) 45.0 ⚪

● MACD (12, 26) -5.00 🔴

● EMA (20) 3,190 🔴

● SMA (50) 3,120 🟢

● Stochastic 35.0 🟢

● Momentum +15.0 ⚪

( 🟢 — Buy/Support, 🔴 — Sell/Resistance, ⚪ — Neutral)

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​🔍 Detailed analysis

​1. Moving Averages (MA)

The price $3,156.56 is above the 50-day SMA ($3,120), which is a good sign. However, it is still below the 20-day EMA ($3,190). This level ($3,190) serves as the nearest and most important resistance. A breakout at $3,190 is critically important for a full recovery of the bullish trend.

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​2. Oscillators

​• RSI (45.0): The indicator has returned to the neutral zone. This confirms that the market has "cooled off" and is ready for a new movement.

​• Stochastic (35.0): Bounced from the oversold zone (below 20), confirming that the current upward movement is not just short-term noise but a response to low levels.

​• MACD (-5.00): Remains negative, but the histogram is compressing, indicating a slowdown in bearish momentum.

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​3. Support and resistance levels

​● Resistance zones:

​• $3,190 (20 EMA): Key technical milestone.

• ​$3,250: Strong horizontal level.

​• $3,346: Local maximum.

​● Support zones:

​• $3,120 (50 SMA): Critical defense line.

​• $3,100: Psychological barrier that has successfully held.

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​💡 Scenarios of movement

● Bullish scenario (Continuation of the bounce):

If Ethereum can confidently break through $3,190 (20 EMA), it will be a strong signal. The next target is $3,250.

​● Bearish scenario (Retest):

A failed breakout at $3,190 may lead to a retest of $3,120 (50 SMA). Holding $3,120 is the minimum requirement to maintain a positive outlook.