$ETH On the 1D chart for Ethereum against Tether, price looks short-term bearish after rejection near the 2,390–2,460 zone.
What I’m seeing:
Price is below MA(7) and MA(25), which usually signals weak momentum
Multiple red candles after a failed push upward
MA(99) around 2,147 is still acting as major higher-timeframe support
Current structure looks like a pullback unless buyers reclaim 2,320+
Key levels:
Support: 2,227 → 2,150
Resistance: 2,320 → 2,390
Possible setups:
Short bias below 2,320
Targets: 2,227 then 2,150
Stop loss: above 2,340
$ETH
Long setup only if daily candle closes back above 2,320
Targets: 2,390 then 2,460
Right now the chart favors patience over aggressive entries. ETH is sitting in a decision zone, and the next few candles will likely decide whether this becomes a deeper correction or just a healthy pullback before continuation.$ETH #ADPPayrollsSurge
What I’m seeing:
Price is below MA(7) and MA(25), which usually signals weak momentum
Multiple red candles after a failed push upward
MA(99) around 2,147 is still acting as major higher-timeframe support
Current structure looks like a pullback unless buyers reclaim 2,320+
Key levels:
Support: 2,227 → 2,150
Resistance: 2,320 → 2,390
Possible setups:
Short bias below 2,320
Targets: 2,227 then 2,150
Stop loss: above 2,340
$ETH
Long setup only if daily candle closes back above 2,320
Targets: 2,390 then 2,460
Right now the chart favors patience over aggressive entries. ETH is sitting in a decision zone, and the next few candles will likely decide whether this becomes a deeper correction or just a healthy pullback before continuation.$ETH #ADPPayrollsSurge