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$ETH Technical analysis of *ETH/USDT* on the 5-day *5D* timeframe
*1. Key Data:*
- *Current Price:* ≈ *2,978*
- *Recent Peak:* ≈ *4,956*
- *Intermediate Support:* ≈ *2,400 – 2,500*
- *Major Support:* ≈ *1,370*
- *KDJ (9,3,3):*
- *K: 26.44*, *D: 24.78*, *J: 29.75* → KDJ close to *oversold zone*, indicating a *possible rebound*.
*2. Probable Scenarios:*
*Bullish Scenario:*
- Rebound at the *2,400 – 2,500 zone*.
- If confirmed, possible move back to *3,800 – 4,200*, then *test the peak at 4,956*.
*Bearish Scenario:*
- If the support at 2,400 breaks, ETH could drop to the *1,370 zone*, the previous rally starting point.
*3. Current Trend:*
- *Correction underway* after a peak near 5,000.
- Price is testing an *important support zone*.
*4. Conclusion:*
- *Current critical zone:* 2,400 – 2,500
- *Technical structure:* Wide range with defined highs and lows
- *Monitoring:* Confirmation candle + volume + KDJ crossover for a bullish rebound