$ETH /USDT – 1H Chart Analysis



Current Price: $2,064.99 (-2.58%)

Key Levels

· Resistance: $2,083 / $2,127 / $2,157
· Support: $2,039 / $2,007 / $1,994

Moving Averages (Mixed)
Price is trading above EMA5 and EMA10, but below EMA30. Mixed structure – short-term bullish but longer-term bearish.

RSI (Overbought on Short-Term)

· RSI(6): 70.35 (overbought)
· RSI(12): 51.40
· RSI(24): 43.82

Volume: 191.35K ETH ($394.16M) – moderate.

Outlook
ETH bounced from $2,009 low and is now testing resistance. RSI(6) at 70.35 shows short-term overbought conditions, so a pullback or consolidation is likely. Price needs to break above EMA30 at $2,070 to turn bullish. Support sits at $2,039. Failure to hold could retest $2,007.

Bias: Mixed – short-term overbought, waiting for direction.
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ETH-2.72%
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