🚨 $ETH
(Ethereum) trades at 1,935.88 USDT (+1.18% in 24h), consolidating after testing an intraday high of 1,981.24 USDT and successfully holding local support at 1,911.14 USDT. The asset preserves a healthy recovery structure on higher timeframes following its previous local bottom.
On the 4h and daily charts, price action holds above key moving averages (25 MA at 1,894.36 USDT and 99 MA at 1,872.54 USDT), attempting to build support around the 7 MA to challenge immediate resistance at 1,950 USDT. 24-hour trading volume exceeds $636M USDT, highlighting steady buy-side absorption during retests.
📊 Outlook for upcoming hours:
🟢 Bullish Scenario (Higher probability ~60%): Holding structure above 1,920 USDT followed by a confirmed breakout over 1,950 - 1,981 USDT opens a direct path toward testing the key 2,000 - 2,050 USDT handle.
🔴 Bearish Scenario: Breakdown below local support at 1,910 USDT, triggering a liquidity sweep down toward dynamic support at the 25 MA near 1,894 USDT.
Do you expect Ethereum to break through 1,981 USDT and target $2,000 this week? 👇
$ETH #Ethereum #CryptoTrading #TechnicalAnalysis #BinanceSquare
#EtherApproaches$2000
(Ethereum) trades at 1,935.88 USDT (+1.18% in 24h), consolidating after testing an intraday high of 1,981.24 USDT and successfully holding local support at 1,911.14 USDT. The asset preserves a healthy recovery structure on higher timeframes following its previous local bottom.
On the 4h and daily charts, price action holds above key moving averages (25 MA at 1,894.36 USDT and 99 MA at 1,872.54 USDT), attempting to build support around the 7 MA to challenge immediate resistance at 1,950 USDT. 24-hour trading volume exceeds $636M USDT, highlighting steady buy-side absorption during retests.
📊 Outlook for upcoming hours:
🟢 Bullish Scenario (Higher probability ~60%): Holding structure above 1,920 USDT followed by a confirmed breakout over 1,950 - 1,981 USDT opens a direct path toward testing the key 2,000 - 2,050 USDT handle.
🔴 Bearish Scenario: Breakdown below local support at 1,910 USDT, triggering a liquidity sweep down toward dynamic support at the 25 MA near 1,894 USDT.
Do you expect Ethereum to break through 1,981 USDT and target $2,000 this week? 👇
$ETH #Ethereum #CryptoTrading #TechnicalAnalysis #BinanceSquare
#EtherApproaches$2000
