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$ETH May 24 ETH Latest Strategy Analysis
ETH:
The current price is around 2119, with the 1-hour MA7 and MA30 moving averages providing support. The MACD remains in a bullish zone with slight shrinking volume, and the rebound structure at low levels is intact. The short-term pullback and consolidation suggest a higher probability of continuation upward.
Bullish logic:
Below 2100-2090 is a strong short-term support. The recent low at 2007 is solid, and the rebound trend is intact. After a pullback and stabilization, the price is likely to continue rising, with the first target at 2145,
ETH1.82%
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