Bearish Pressure: Parabolic SAR flipped dot-above at $1,877.
Resistance Overhead: Packed moving averages (MA7, MA25, MA99) around $1,876.50 form a tight ceiling.
24h Context: Sitting well above the 24h low of $1,820.
🎯 Key Scalp Levels
🔴 Resistance: $1,876.50 – $1,878.00
🟢 Target / Support: $1,870.00 ➡️ $1,865.00
💡 The Play
1. Short Bias 🐻: Rejection below $1,876 keeps sellers in control toward $1,870.
2. Long Bounce 🐂: Reclaiming $1,878+ invalidates the drop for a quick retest of $1,885.
👇 Are you scalping a bounce here or trading the breakout? Drop your target below 😊
ETH
1,885.61
+2.40%