Technical analysis by sorooshx about Symbol ETH: Buy recommendation (4/30/2025)

sorooshx

📊 OutlookEthereum is trading in a tight range with slight upward momentum. Current RSI is neutral, and price remains above the 50-day SMA, hinting at a sustained bullish trend. The Fear & Greed Index supports this positive sentiment. A break above $2,000 could confirm bullish continuation, while a drop below $1,700 may shift sentiment to bearish.📌 Analyst Note: Maintain bullish bias while ETH remains above $1,790.66. Monitor resistance at $2,000 for breakout confirmation.🔍 Indicators RSI (14): 51.60 — Neutral SMA 50: $1,790.66 — Price slightly above → Bullish 30-Day Volatility: 4.97% Fear & Greed Index: 61 (Greed) Technical Sentiment: Bullish📈 Levels Next Resistance: ~$2,000 Next Support: ~$1,700 Short-Term Price Target: $1,804.35 by May 30, 2025