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$ETH Setup: Testing $1,790 - Breakout or Rejection?
Fam, ETH is holding strong above key MAs after bouncing from $1,737. Now it's cooling off near $1,789, right under the MA7 ($1,794).
📊 Key Levels:
• Resistance: $1,812 (24h high) → $1,830
• Support: $1,773 (MA25) → $1,765 (MA99)
• Volume: $377M (steady, waiting for a spike)
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Trade Plan:
LONG if reclaims & holds $1,800
Entry: $1,800–1,805 | TP: $1,825 / $1,840 | SL: $1,785
🔹 SHORT if rejects $1,795 & breaks MA25
Entry: $1,770–1,773 | TP: $1,750 / $1,735 | SL: $1,785
Market is compressing. A 1H close above $1,800 = bullish continuation. Break below $1,765 = back to range chop.
📊 What's your play?
🟢 Long the breakout
🔴 Short the rejection
⏳ Wait for confirmation
Drop your levels below! 👇
Not financial advice. DYOR.
#ETH #Ethereum #crypto #trading