$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.
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● 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.

