$ETH Technical Analysis: Corrective Trend
Ethereal is sitting at $2,114, struggling beneath the EMA 7 ($2,186) and EMA 25 ($2,299) resistance lines after rejecting from the $2,807 top.
$ETH
1. Rebound Targets: $2,186 / $2,300
2. Support / Buy Zone: $1,970 – $2,050
3. Stop-Loss: $1,790 (below local swing low of $1,803)
Market Outlook: Bearish momentum dominates short-term. Look for confirmation above $2,186 or solid bounce signals off support before taking long positions.
#ETH #BİNANCESQUARE #cryptotrading #TechnicalAnalysis
Ethereal is sitting at $2,114, struggling beneath the EMA 7 ($2,186) and EMA 25 ($2,299) resistance lines after rejecting from the $2,807 top.
$ETH
1. Rebound Targets: $2,186 / $2,300
2. Support / Buy Zone: $1,970 – $2,050
3. Stop-Loss: $1,790 (below local swing low of $1,803)
Market Outlook: Bearish momentum dominates short-term. Look for confirmation above $2,186 or solid bounce signals off support before taking long positions.
#ETH #BİNANCESQUARE #cryptotrading #TechnicalAnalysis
