Guys, ETH is under pressure! A BIG MOVE could be comingâđ
ETHUSDT is trading at $2,366 on the 4H chart, down 1.82%.
Bears are in control for now, with price making lower moves after rejection from $2,526.
Key levels to watch: Support: $2,350 and $2,327 Resistance: $2,405 and $2,449
Bullish scenario: If ETH holds support and breaks above $2,405, buyers could push toward $2,449.
Bearish scenario: If $2,350 breaks, ETH could revisit $2,327. Losing that level may bring more selling pressure.
My view: ETH needs to reclaim resistance before bulls can show real strength. Until then, Iâm watching support carefully and avoiding blind entries.
Will ETH bounce from $2,350, or are we going lower?
$ETH
ETHUSDT is trading at $2,366 on the 4H chart, down 1.82%.
Bears are in control for now, with price making lower moves after rejection from $2,526.
Key levels to watch: Support: $2,350 and $2,327 Resistance: $2,405 and $2,449
Bullish scenario: If ETH holds support and breaks above $2,405, buyers could push toward $2,449.
Bearish scenario: If $2,350 breaks, ETH could revisit $2,327. Losing that level may bring more selling pressure.
My view: ETH needs to reclaim resistance before bulls can show real strength. Until then, Iâm watching support carefully and avoiding blind entries.
Will ETH bounce from $2,350, or are we going lower?
$ETH