#ETH 🔷 Market Outlook & Technical Analysis
1️⃣ Current Market Position
Ethereum has staged a solid rebound, holding firmly near the $1,800 support zone. Buying interest has returned, though the $2,000 level remains a critical resistance to break.
2️⃣ Technical Trends
📈 Moving Averages:
• 50-day MA trending upward → bullish momentum
• 200-day MA acting as nearby resistance → mid-term hurdle
📊 RSI: Around 60, indicating healthy momentum with room for upside
📉 MACD: Mild bullish crossover, suggesting growing buying pressure
3️⃣ Key Levels to Watch
🟢 Support: $1,750 – $1,780
🔴 Resistance: $1
1️⃣ Current Market Position
Ethereum has staged a solid rebound, holding firmly near the $1,800 support zone. Buying interest has returned, though the $2,000 level remains a critical resistance to break.
2️⃣ Technical Trends
📈 Moving Averages:
• 50-day MA trending upward → bullish momentum
• 200-day MA acting as nearby resistance → mid-term hurdle
📊 RSI: Around 60, indicating healthy momentum with room for upside
📉 MACD: Mild bullish crossover, suggesting growing buying pressure
3️⃣ Key Levels to Watch
🟢 Support: $1,750 – $1,780
🔴 Resistance: $1















