looking closely at $ETH, is struggling to hold the recovery
The moving-average structure is still bearish; any bounce needs to prove it can hold before the bias changes. The recent support area is around 1915.43, while resistance is near 1956.50. ETH is 4.12% lower over 24 hours and is trading around 1929.31. RSI is 42.9, showing that buyers have not yet regained clear momentum. The planned entry is an area to watch for a failed bounce; it avoids chasing an already extended drop. Volume is only about 0.3x its recent average, so stronger participation would help confirm the move.
Short setup | Spot chart | 15M
Entry: 1928.87â1931.52
TP1: 1883.18 / TP2: 1852.11 / TP3: 1792.19
Stop Loss: 1961.08
#ETH #binance #Write2Earn #Crypto
The moving-average structure is still bearish; any bounce needs to prove it can hold before the bias changes. The recent support area is around 1915.43, while resistance is near 1956.50. ETH is 4.12% lower over 24 hours and is trading around 1929.31. RSI is 42.9, showing that buyers have not yet regained clear momentum. The planned entry is an area to watch for a failed bounce; it avoids chasing an already extended drop. Volume is only about 0.3x its recent average, so stronger participation would help confirm the move.
Short setup | Spot chart | 15M
Entry: 1928.87â1931.52
TP1: 1883.18 / TP2: 1852.11 / TP3: 1792.19
Stop Loss: 1961.08
#ETH #binance #Write2Earn #Crypto
