#ETH Update
$ETH just got rejected hard from the 1950 resistance zone and has already dropped nearly 100 points.
On the 1H chart, the rising channel trendline has clearly been broken, confirming short-term weakness. Price is now trading around 1875 after the breakdown.
For now, the key area to watch on this pullback is the support zone between 1830–1800. If this zone holds, we might see a bounce. If it breaks, further downside could open up.
Stay sharp and manage your risk.
#ETH #Ethereum #ETHUSDT #Crypto #Trading #Binance
$ETH just got rejected hard from the 1950 resistance zone and has already dropped nearly 100 points.
On the 1H chart, the rising channel trendline has clearly been broken, confirming short-term weakness. Price is now trading around 1875 after the breakdown.
For now, the key area to watch on this pullback is the support zone between 1830–1800. If this zone holds, we might see a bounce. If it breaks, further downside could open up.
Stay sharp and manage your risk.
#ETH #Ethereum #ETHUSDT #Crypto #Trading #Binance