Technical indicators do not provide a uniform signal. Bollinger Bands are turning upward, the MACD histogram has moved into positive territory, but the Stochastic oscillator may exit the overbought zone and form a sell signal. It is also worth noting that on the weekly chart, Bollinger Bands are pointing downward, which may cap upside potential near 3560.00 (Fibonacci retracement 38.2%), reinforced by the middle band.
Support and resistance levels
Resistance levels: 3281.25, 3560.00, 4062.50.
Support levels: 2770.00, 2187.50, 1875.00.
Trading scenarios and Ethereum price forecast
Long positions should be opened above 3281.25 with targets at 3560.00 and 4062.50, and a stop-loss at 3100.00. Time horizon: 5–7 days.
Short positions should be opened below 2770.00 with targets at 2187.50 and 1875.00, and a stop-loss at 3010.00.
Scenario
| Timeframe | Weekly |
| Recommendation | BUY STOP |
| Entry point | 3283.00 |
| Take Profit | 3560.00, 4062.50 |
| Stop Loss | 3100.00 |
| Key levels | 1875.00, 2187.50, 2770.00, 3281.25, 3560.00, 4062.50 |
Alternative scenario
| Recommendation | SELL STOP |
| Entry point | 2765.00 |
| Take Profit | 2187.50, 1875.00 |
| Stop Loss | 3010.00 |
| Key levels | 1875.00, 2187.50, 2770.00, 3281.25, 3560.00, 4062.50 |
