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Your fa
$ETH Based on the charts estimate a potential selling point for maximum profit:
Current Price Zone
ETH is currently trading at $2,650.
24h High: $2,655.20
24h Low: $2,509.46
Indicators Breakdown
1. EMA (Exponential Moving Averages):
On both the 30m and 1h charts, the 7 EMA > 25 EMA > 99 EMA, indicating a strong bullish trend.
Price is significantly above the EMAs, suggesting potential short-term overextension.
2. RSI (Relative Strength Index):
30m RSI: 74.33 – Overbought zone.
1h RSI: 86.53 – Strongly overbought.
RSI above 70 typically signals a potential for a short-term pullback or consolidation.
3. MACD (Moving Average Convergence Divergence):
MACD is positive and rising, with a strong gap between DIF and DEA, indicating strong bullish momentum.
However, the histogram is peaking, which might suggest a momentum slowdown ahead.
Resistance Levels to Watch
Based on the recent price action and psychological zones:
$2,682 – Short-term resistance.
$2,720 – $2,730 – Likely target zone if bullish momentum continues.
$2,750+ – Strong resistance; could be a good maximum profit zone.
Recommendation
If you're looking to sell for maximum profit:
Target Zone: $2,720 to $2,750
Watch RSI and MACD: If RSI stays above 80 and MACD begins to converge or histogram turns, consider taking profits.
Set a trailing stop slightly below EMA(25) or EMA(99) to lock in gains in case of a pullback.
#Xrew19 #SUIUSDT $SUI