๐จ $ETH UPDATE ๐จ
$ETH just ripped through the $2K zone and is now trading around $2,377 ๐ฅ
The breakout looks strong: ๐ Massive volume expansion
๐ MACD turning aggressively bullish
๐ Price well above MA(7), MA(25) & MA(99)
๐ Previous resistance around $2,050 has been reclaimed
BUTโฆ thereโs one big warning โ ๏ธ
RSI(6) is sitting around 96.
Thatโs extremely overbought after such a vertical move.
So Iโm NOT chasing ETH here.
๐ฏ My game plan: โก๏ธ Pullback into $2,230โ$2,280 โ watch for a bullish reaction
โก๏ธ Break & hold above $2,425 โ continuation setup
โก๏ธ Lose ~$2,230 โ breakout starts looking weaker
Next major psychological targets: $2,500 โ $2,600 โ $2,800 ๐
Bullish trend, but patience > FOMO.
Let $ETH come to you. ๐ง ๐
NFA. DYOR.
$ETH just ripped through the $2K zone and is now trading around $2,377 ๐ฅ
The breakout looks strong: ๐ Massive volume expansion
๐ MACD turning aggressively bullish
๐ Price well above MA(7), MA(25) & MA(99)
๐ Previous resistance around $2,050 has been reclaimed
BUTโฆ thereโs one big warning โ ๏ธ
RSI(6) is sitting around 96.
Thatโs extremely overbought after such a vertical move.
So Iโm NOT chasing ETH here.
๐ฏ My game plan: โก๏ธ Pullback into $2,230โ$2,280 โ watch for a bullish reaction
โก๏ธ Break & hold above $2,425 โ continuation setup
โก๏ธ Lose ~$2,230 โ breakout starts looking weaker
Next major psychological targets: $2,500 โ $2,600 โ $2,800 ๐
Bullish trend, but patience > FOMO.
Let $ETH come to you. ๐ง ๐
NFA. DYOR.