Uniglobe Markets
Uniglobe Markets
February 11, 2025 at 12:26 PM
Ethereum (ETH/USD) Technical Analysis Summary: Sideways Trading: Ethereum is currently at $2648.11, showing a weak downward trend, with the price above key moving averages. The MACD indicates a weak negative trend. Buy Opportunity: Consider buying at $2703.10 with targets at $2769.52. A stop loss is recommended at $2573.96. Bearish Scenario: If the price breaks the $2573.96 support, it may drop toward $2518.61. Support & Resistance Levels: Resistance: 2669.41 (second), 2663.18 (first) Pivot: 2654.28 Support: 2648.05 (first), 2639.15 (second)
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