WAIT... WAIT...WAIT...! Don't scroll... Your next $ETH trade could be depend on these next 2 minutes.
Ethereum has made an impressive bounce from the recent lows, but don't let the rally create FOMO.
📈 Looking at the daily chart, ETH is trading above its short-term moving averages (MA7 & MA25), showing growing bullish momentum. However, it's still below the MA99, which means the long-term trend hasn't fully flipped bullish yet.
The $1,900–$2,000 zone is a major resistance area. If ETH fails to break and hold above this level, we could see profit-taking and a short-term pullback.
⚠️ For short traders:
Don't rush into a position. Wait for a clear rejection and bearish confirmation near resistance before considering a short trade. Patience always beats chasing the market.
My view:
Ethereum is showing strength, but confirmation is still missing. A clean breakout above the key resistance would favor the bulls. Until then, risk management is everything.
💬 What's your prediction?
Will ETH break above $2,000, or is a pullback coming first? Share your thoughts below! 👇
$ETH
Ethereum has made an impressive bounce from the recent lows, but don't let the rally create FOMO.
📈 Looking at the daily chart, ETH is trading above its short-term moving averages (MA7 & MA25), showing growing bullish momentum. However, it's still below the MA99, which means the long-term trend hasn't fully flipped bullish yet.
The $1,900–$2,000 zone is a major resistance area. If ETH fails to break and hold above this level, we could see profit-taking and a short-term pullback.
⚠️ For short traders:
Don't rush into a position. Wait for a clear rejection and bearish confirmation near resistance before considering a short trade. Patience always beats chasing the market.
My view:
Ethereum is showing strength, but confirmation is still missing. A clean breakout above the key resistance would favor the bulls. Until then, risk management is everything.
💬 What's your prediction?
Will ETH break above $2,000, or is a pullback coming first? Share your thoughts below! 👇
$ETH