๐Ÿš€ $ETH Overbought but Bullish โ€” Key Support Holds the Trend

Technical View:

RSI above 70 โ†’ strong momentum but slightly overbought (possible short-term pullback).

MACD positive and above its signal line โ†’ bullish continuation.

Price trading above the 20 MA (2120) and 50 MA (2095) โ†’ trend structure remains strong.

ETH also broke above the upper Bollinger Band, showing strong expansion.

Trade Idea โ€” LONG

Entry: 2,130 โ€“ 2,160

Stop Loss: 2,100

Targets:

TP1: 2,220

TP2: 2,260

TP3: 2,320

As long as 2,123 holds, the bullish momentum could push ETH toward higher resistance zones.

Trade here ๐Ÿ‘‡๐Ÿป

ETHUSDT

Perp

2,139.76

+3.08%

#eth #ETHETFsApproved #Ethereum #ETHETFS #bullish

ETH
ETH
2,130.62
+3.63%

#AaveSwapIncident #BTCReclaims70k #BinanceTGEUP #UseAIforCryptoTrading #TrumpSaysIranWarWillEndVerySoon