๐จ ETH Testing Key Support โ Bulls Need To Hold This Level! ๐
Ethereum is trading around $1,648 on the 1H timeframe after rejecting from the $1,673 resistance zone. Price is currently hovering near the MA support cluster, making the next few candles crucial for short-term direction.
๐ Technical View: โ ETH remains above the major swing low at $1,603
โ MA(25) continues to provide dynamic support
โ ๏ธ Rejection from $1,673 shows sellers are active at higher levels
โ ๏ธ Volume has cooled, suggesting traders are waiting for confirmation
๐ฏ Key Levels ๐ข Support: $1,643 โ $1,630
๐ด Resistance: $1,660 โ $1,673
๐ A breakout above $1,673 could open the door toward $1,700+.
๐ Losing $1,643 may trigger a retest of the $1,630โ$1,603 demand zone.
๐ก Current structure remains neutral-to-bullish as long as buyers defend support and maintain higher lows.
Always manage risk and wait for confirmation before entering trades.
$ETH $XRP $SOL
#ETH #Ethereum #ETHUSDT #Crypto #Cryptocurrency #Binance #BinanceSquare #CryptoTrading #TechnicalAnalysis #PriceAction #Trading #Altcoins #AltcoinSeason #Blockchain #Web3 #CryptoMarket #EthereumNews #ETHAnalysis #DayTrading #SwingTrading #FuturesTrading #Investing #MarketAnalysis #CryptoInvestor #Bullish #Bearish #TradingSignals #BinanceFeed #TrendingCrypto #DigitalAssets ๐๐๐ฅ
Ethereum is trading around $1,648 on the 1H timeframe after rejecting from the $1,673 resistance zone. Price is currently hovering near the MA support cluster, making the next few candles crucial for short-term direction.
๐ Technical View: โ ETH remains above the major swing low at $1,603
โ MA(25) continues to provide dynamic support
โ ๏ธ Rejection from $1,673 shows sellers are active at higher levels
โ ๏ธ Volume has cooled, suggesting traders are waiting for confirmation
๐ฏ Key Levels ๐ข Support: $1,643 โ $1,630
๐ด Resistance: $1,660 โ $1,673
๐ A breakout above $1,673 could open the door toward $1,700+.
๐ Losing $1,643 may trigger a retest of the $1,630โ$1,603 demand zone.
๐ก Current structure remains neutral-to-bullish as long as buyers defend support and maintain higher lows.
Always manage risk and wait for confirmation before entering trades.
$ETH $XRP $SOL
#ETH #Ethereum #ETHUSDT #Crypto #Cryptocurrency #Binance #BinanceSquare #CryptoTrading #TechnicalAnalysis #PriceAction #Trading #Altcoins #AltcoinSeason #Blockchain #Web3 #CryptoMarket #EthereumNews #ETHAnalysis #DayTrading #SwingTrading #FuturesTrading #Investing #MarketAnalysis #CryptoInvestor #Bullish #Bearish #TradingSignals #BinanceFeed #TrendingCrypto #DigitalAssets ๐๐๐ฅ
