$ETH /USDT – 1H Chart Analysis


Current Price: $1,717.03 (+3.25%)
Key Levels:
Resistance: $1,732.46
Support: $1,717.65 / $1,713.94 / $1,697.49 / $1,655.00
Technical Indicators:
EMAs (Bullish/Consolidation): Price is holding above EMA10 ($1,713.94) and EMA30 ($1,697.49) but has ticked slightly below EMA5 ($1,717.65), showing short-term consolidation after a major pump.
RSI (Healthy Momentum): RSI(6) is at 61.57, RSI(12) is at 66.38, and RSI(24) is at 63.47. All stay above 50, indicating solid bullish health without being overbought.
Volume: 167.01K ETH ($283.74M)
Outlook:
ETH maintains a strong bullish structure on the 1H chart after surging from its 24H low of $1,655.00. The price is currently cooling down in a tight range just below its 24H high of $1,732.46. As long as the immediate support cluster between EMA5 and EMA10 holds, the bias remains locked on a bullish retest of the $1,732.46 resistance level.
Bias: Bullish above EMAs.
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ETH0.33%
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IzharAhmad
· 06-15 08:49
to the moon definatly
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